PoliticsEconomy
De Wever Threatens Debt Brake as Budget Deal Stalls
Belgian PM Bart De Wever threatens a debt brake as coalition budget talks stall, aiming for a 3-4 billion euro deal for 2027.
—5 min read
Category
Economy
1426 articles
EconomyBelgium
GSK to Cut 1,217 Jobs in Belgium as Workers Block Sites
GSK plans to cut 1,217 jobs in Belgium, threatening its Wavre and Rixensart sites as workers block both plants in protest.
—6 min read
EconomyBelgium
Covestro to Cut 260 Jobs at Antwerp Port Plant
German chemicals group Covestro plans to cut 309 jobs at its Antwerp port site, with 260 collective redundancies, citing global polycarbonate overcapacity.
—5 min read
EconomyUnited States
September Inflation Hits 3.7%, Lifting Social Security
U.S. inflation rose to 3.7% in September, triggering a 3.6% Social Security COLA for 2027 as energy costs and the Iran war squeeze household budgets.
—5 min read
International RelationsEconomy
China-DPRK Yalu River Bridge to Open Oct 15
The new China-DPRK Yalu River Bridge opens Oct 15 after more than a decade of delays, a milestone in bilateral ties and cross-border trade.
—6 min read
EconomyAsia
China's Foreign Trade Jumps 18.8% in First Three Quarters
China's goods trade grew 18.8% to 39.94 trillion yuan in the first three quarters of 2026, the fastest pace in five years, customs data shows.
—4 min read
CultureEconomy
'China Haul' Becomes a Global Shopping Trend
Foreign tourists arrive in China with empty suitcases and leave with hauls of tech, fashion and wellness goods, fueling the viral 'China Haul' trend.
—5 min read
TechnologyEconomy
China's Computing Power Network Spurs New Industries
China's national integrated computing power network is creating new industrial opportunities, from AI chip demand to a fast-growing token economy.
—6 min read
PoliticsEconomy
Walloon Budget Reignites 'War of the Two Rights' in Belgium
Wallonia's 2027 budget has reignited a 'war of the two rights' between MR's Bouchez and N-VA's De Wever, deepening Belgium's federal deadlock.
—6 min read
EconomyUnited States
September Inflation Hot; Social Security COLA Set at 3.6%
September CPI rose 3.7% annually on surging gas prices, triggering a 3.6% Social Security COLA for 2027 as the Fed weighs another rate hike.
—5 min read
TechnologyEconomy
Workers Train the Robots That May Replace Them
In India, workers are recording themselves doing physical labor to train AI robots — sometimes without knowing their footage could automate their own jobs.
—8 min read
TechnologyEconomy
CanSemi Debuts on ChiNext in China Chip Self-Reliance Bid
CanSemi Semiconductor, Guangzhou's first chip maker, listed on Shenzhen's ChiNext, a milestone for China's chip self-reliance drive despite steep losses.
—5 min read
EconomyInternational
IMF Raises 2026 Global Growth Forecast to 3.1%
The IMF nudged its 2026 global growth forecast up to 3.1%, citing an AI investment boom that offsets a Middle East energy shock, as divergence deepens.
—5 min read
EconomyChina
Canton Fair Unveils 50+ Innovations for 140th Edition
The 140th Canton Fair, opening Oct 15 in Guangzhou, debuts 50+ innovations including AI navigation, a buyer membership scheme and a global Buyer Alliance.
—5 min read
WorldEconomy
European Gas Price Hits Highest Level Since December 2022
European TTF gas prices topped €86/MWh, the highest since December 2022, as Middle East tensions and low storage raise winter supply fears.
—5 min read
TechnologyEconomy
China's 'AI Plus' Drive Powers the Intelligent Economy
China fully implements its 'AI Plus' action under new policy Opinions, betting on humanoid robots, AI devices and industry integration to drive growth.
—5 min read
PoliticsEconomy
Walloon 2027 Budget: Car Tax, Inheritance, Infrastructure
Wallonia's government unveiled a three-year 2027-2029 budget with car taxation reform, inheritance relief, infrastructure spending and a new road vignette.
—6 min read
EconomyEurope
Belgian Home Sales Fall as Mortgage Rates Bite
Belgian home sales fell 2.2% in Q3 2026 as higher mortgage rates pushed monthly repayments up 8.9%, even as house prices kept rising.
—5 min read
Economy
Hall and Woodford Nobel: Economists Debate the Award
A day after Hall and Woodford won the 2026 Nobel Economics Prize, economists weigh a safe choice that reshaped how central banks fight inflation.
—7 min read
EconomyUnited States
The American Consumer Keeps Spending. For How Long?
U.S. consumer spending stays resilient despite inflation and record-low sentiment, but economists warn the strain may be building.
—6 min read
EconomyChina
China Unveils Top-Level Plan for New Productive Forces
China issues a top-level policy framework for new quality productive forces, setting a 2026-2030 roadmap across five innovation areas and 19 measures.
—6 min read
PoliticsEconomy
Premier Li Qiang to Open 140th Canton Fair in Guangzhou
Premier Li Qiang will deliver a keynote at the 140th Canton Fair's opening on Oct 15, as the fair marks its 70th anniversary amid global trade headwinds.
—4 min read
PoliticsEconomy
Wallonia Unveils 3-Year Budget With Job Bonus, Tax Cuts
Wallonia's MR-Les Engages government presented a three-year budget with a job bonus, lower inheritance taxes, and untouched child benefits.
—7 min read
EconomyBelgium
Belgian Petrol Prices Climb Back Toward Record High
Belgian petrol prices rise 4 cents to near record highs while diesel holds and heating oil falls, as the G7 moves to cool the volatile fuel market.
—4 min read
EconomyLabor
Finding a Job Is Taking Longer After Layoffs
Laid-off U.S. workers face longer job searches as a cooling labor market strains unemployment benefits and household finances nationwide.
—5 min read
EconomyAwards
2 Americans Win Nobel Economics Prize for Boom-Bust Work
Robert Hall and Michael Woodford won the 2026 Nobel Prize in economics for models that help central banks smooth boom-bust cycles.
—6 min read
EconomyChina
China Q3 High-Frequency Data Points to Steadier Growth
China Q3 high-frequency data shows firmer consumption, trade and investment, the NDRC State Information Center says, as analysts flag a K-shaped economy.
—4 min read
EconomyHousing
China Mortgage Subsidy Speeds Up to Ease Homebuying
China's first central-government mortgage subsidy is rolling out fast, cutting interest costs for first-home buyers and lifting holiday sales.
—6 min read
TechnologyEconomy
China's AI Training Boom Meets Deepening Tech Anxiety
China's AI skills training market is booming as workers fear being replaced. But experts warn quick courses may fail to ease a 5 million-talent gap.
—6 min read
PoliticsEconomy
Bouchez Blocks VAT Rise as Belgian Budget Talks Stall
MR leader Georges-Louis Bouchez refuses a VAT hike, plunging Belgium's budget talks into crisis as De Wever races to avoid an emergency budget.
—6 min read
Economy
Layoffs Are Rare, but Finding a New Job Takes Longer
With only 29,000 jobs added in September, unemployed Americans are taking longer to find work as benefits run out before paychecks resume.
—6 min read
PoliticsEconomy
China Releases Plan for New Quality Productive Forces
China's CPC Central Committee and State Council released Opinions on new quality productive forces, a 19-measure innovation-led roadmap.
—4 min read
EconomyAsia
China Adds 10.52M Urban Jobs, Hitting 87.7% of 2026 Goal
China created 10.52 million new urban jobs in the first three quarters of 2026, reaching 87.7% of its annual target as unemployment held at 5.2%.
—4 min read
PoliticsEconomy
Belgium's Budget Talks Stall as Tuesday Deadline Nears
Belgium's federal government resumes budget talks under a looming Tuesday deadline, as parties clash over taxes and spending and fears of paralysis grow.
—6 min read
EconomyBelgium
Belgians Owning 10+ Properties Jump Nearly 30%
New figures show the number of Belgians owning ten or more properties rose nearly 30% in four years, fuelling debate over real estate wealth inequality.
—4 min read
SocietyEconomy
China Drafts First Rules for Gig Worker Protections
China's MOHRSS unveils a 54-article draft regulation to extend labor-law protection to 84 million gig and platform workers, targeting algorithms and pay.
—6 min read
EconomyChina
China's FX Reserves Slip to $3.4003 Trillion in September
China's foreign exchange reserves fell 1.11% to $3.4003 trillion in September as a stronger dollar and weaker asset prices weighed on valuations.
—5 min read
EconomyChina
China: Trade Edge Not Built on Currency Devaluation
China's central bank published a policy document asserting its trade advantages do not rely on currency devaluation, rejecting IMF undervaluation claims.
—6 min read
EconomyAsia
China-Laos Railway Trade Value Tops 100 Billion Yuan
Cumulative China-Laos Railway trade passes 100.4 billion yuan as the Kunming-Vientiane route cements its role as a key Southeast Asia trade corridor.
—4 min read
EconomyEurope
Belgium's Comet, Umicore Win EU Critical Materials Status
Two Belgian recycling projects won EU strategic status as Brussels pushes to cut its dependence on Chinese copper, cobalt and nickel.
—5 min read
PoliticsEconomy
Trump Panel to Probe Fed's Cook in New Firing Bid
Trump signed a memo creating a committee of inquiry to investigate Fed Governor Lisa Cook, escalating his year-long effort to remove her.
—6 min read
EconomyAsia
Sanya Tests Hainan Free Trade Port's Post-Closure Model
Sanya's first National Day holiday since Hainan's full-island customs closure drew 996,700 visitors as the free trade port tested its model.
—5 min read
EconomyPolicy
China Courts, Business Body Target Private-Debt Disputes
China's top court and business federation released 10 cases on resolving private-economy disputes, focusing on overdue payments owed to enterprises.
—4 min read
EntertainmentEconomy
China's National Day Box Office Falls to 1.165B Yuan
China's 2026 National Day holiday box office hit 1.165 billion yuan, down 36.6% year-on-year — the weakest season in roughly a decade.
—5 min read
EconomyUnited States
Borrowing Costs Climb as Mortgage Rates Hit 3-Year High
Mortgage rates hit a three-year high of 7.40% as the Fed signals more hikes, straining household budgets for homes and cars.
—5 min read
TransportEconomy
China Domestic Flight Fuel Surcharges to Rise Oct 10
Fuel surcharges on China domestic flights will rise from October 10, with short routes up 10 yuan and long routes up 20 yuan per segment.
—4 min read
InfrastructureEconomy
China Pushes 1 Trillion Yuan Water Investment Target
China's Ministry of Water Resources aims to complete 1 trillion yuan in water conservancy investment in 2026, backed by 40 new major projects.
—5 min read
EconomyAsia
China FX Reserves Slip to $3.4003 Trillion in September
China's foreign exchange reserves fell 1.11% to $3.4003 trillion in September as a stronger dollar and weaker global asset prices weighed on valuations.
—4 min read
EconomyFinance
Treasury Yields Hit 24-Year Highs as Bond Rout Deepens
A global bond sell-off pushed 10-year Treasury yields to 5.35%, the highest since 2002, driving up mortgages, car loans and corporate borrowing costs.
—5 min read
TechnologyEconomy
China Ties AI to $4.2T Electronics Manufacturing Push
China's 15th Five-Year Plan for electronics manufacturing sets a RMB 30 trillion revenue goal by 2030, with AI as the core industry driver.
—6 min read
PoliticsEconomy
Brussels Budget Halves Deficit, PS Faces PR Stunt Charge
Brussels reached a 2027 budget deal halving the deficit to 719 million euros, but the PS faces PR stunt claims amid doubts.
—6 min read
EconomyAsia
China Unifies Tax Penalty Standards Nationwide
China's State Taxation Administration issued nationwide unified benchmarks for tax penalty discretion, effective Nov. 1, to curb inconsistent enforcement.
—5 min read
DomesticEconomy
China's Housing Ministry Deploys 'Good Houses' Plan
China's housing ministry outlines a full-chain plan to build 'good houses' during the 15th Five-Year Plan, targeting safer, greener, smarter homes.
—6 min read
EconomyChina
China's Holiday Midpoint: 300M Trips a Day Test Economy
At the 2026 National Day midpoint, China logged 300M+ daily cross-region trips, as state media frames holiday travel as proof of economic resilience.
—5 min read
TechnologyEconomy
Beijing E-Town Rolls Out AI Talent Plan
Beijing's E-Town district unveiled eight measures to back AI native talent, from top scientists to one-person startups, as it builds an All-Domain AI City.
—5 min read
EconomyBelgium
Belgium Loses 9,270 Construction Firms in Six Months
Nearly 9,300 Belgian construction companies ceased trading in H1 2026, a net loss of 1,725 firms, as Embuild urges a VAT cut to boost housing.
—5 min read
PoliticsEconomy
Brussels Reaches Deal to Halve 2027 Deficit
Brussels' regional government agreed a 2027 budget, halving the deficit to 719 million euros while sparing residents from across-the-board tax hikes.
—5 min read
EconomyBelgium
SNCB to Recruit More Than 900 Staff for 2027
Belgian rail operator SNCB is recruiting more than 900 staff for 2027, offering paid training as it gears up to run nearly 600 extra trains per week.
—4 min read
TechnologyEconomy
China Unveils First National Battery Plan for 2026-2030
Seven Chinese departments issued the New-Type Battery Industry Development 15th Five-Year Plan, targeting all-solid-state batteries by 2030.
—5 min read
EconomyTechnology
APEC Adopts First AI-Focused Jobs Statement in Nanjing
APEC ministers adopted the Nanjing Statement and the first AI-focused outcome document in the history of the forum's human resources cooperation.
—4 min read
EconomyChina
China Government Procurement Hit 3.32 Trillion Yuan in 2025
China's 2025 government procurement reached 3.32 trillion yuan, down 1.6% year-on-year, as services and green spending expanded.
—4 min read
EconomyFood Security
Why Global Food Prices Keep Rising Despite High Output
Global food prices hit a near four-year high in September even as output stays strong. The drivers are transport, fertilizer and climate, not scarcity.
—6 min read
TransportEconomy
Wallonia Scraps €12 TEC Pass in Fare Overhaul
Wallonia raised LETEC bus fares and scrapped the popular €12 annual pass, effective February 2027, sparking a political fight over youth and budgets.
—6 min read
EmploymentEconomy
SNCB to Hire 900+ Staff for 2027, Offering Paid Training
Belgian rail operator SNCB is recruiting more than 900 new employees for 2027, with paid training for train drivers, conductors and technicians.
—5 min read
InfrastructureEconomy
Pinglu Canal Opens, Drawing Global Attention
Foreign media highlight China's Pinglu Canal, a 134.2 km waterway linking southwest China to the sea and reshaping trade with ASEAN.
—6 min read
EconomyPolitics
U.S. Adds Just 29,000 Jobs in September, Missing Forecasts
U.S. employers added just 29,000 jobs in September, far below forecasts, as unemployment rose to 4.2%. The weak report reshapes the Fed's path.
—6 min read
EconomyEnergy
China Power Market Trading Jumps 19.2% in Eight Months
China's national electricity market traded 5,180 billion kWh in Jan-Aug 2026, up 19.2% year-on-year, as AI data centers and EV charging drive demand.
—4 min read
EconomyChina
China's Golden Week: Record Travel, Muted Spending
China's National Day holiday drove record travel and outbound demand, but analysts warn high volumes mask weak per-capita spending.
—5 min read
TradeEconomy
China Opens Anti-Dumping Probe into EU P-Nitrotoluene
China's MOFCOM launches an anti-dumping probe into EU-origin p-nitrotoluene, alleging dumping margins over 100% amid rising China-EU trade tensions.
—4 min read
EconomyChina
China's Highway Rest Stop Becomes a Tourist Magnet
A Tongxiang highway service area drew nearly 80,000 visitors in a day, signaling the rising consumption power of China's county-level markets.
—7 min read
EconomyUnited States
U.S. Adds Just 29,000 Jobs as Labor Market Loses Steam
U.S. employers added only 29,000 jobs in September, unemployment rose to 4.2%, and wage growth hit a five-year low, casting doubt on a Fed rate hike.
—6 min read
EconomyFinance
Digital Yuan Cross-Border Network Expands Steadily
China's digital yuan cross-border platform CBETS has drawn 65 financial institutions as PBOC builds payment links with Hong Kong, Laos and Singapore.
—5 min read
EconomyTrade
China Foreign Trade Extends Rapid Growth, CCPIT Data Shows
CCPIT certification data for August 2026 shows certificates of origin up double digits, confirming China's foreign trade kept its rapid growth pace.
—4 min read
EconomyUnited States
U.S. Added Just 29,000 Jobs in September
The U.S. added only 29,000 jobs in September as unemployment rose to 4.2%, the final report before midterms, cooling odds of an October Fed hike.
—6 min read
EconomyChina
China's Top Three Cities Roll Out Housing Sales Reform
Beijing, Shanghai and Guangzhou unveil detailed rules phasing out China's pre-sales housing model, reshaping developer finance and buyer protections.
—6 min read
TradeEconomy
China Extends US Trade Barrier Probes to December
China's Commerce Ministry extended two trade barrier investigations into US measures to Dec 27, citing case complexity amid a fragile trade truce.
—4 min read
EconomyChina
China Current Account Tops $4.6T, Up 16% in H1
China's current account receipts and payments rose 16% to $4.6 trillion in H1 2026, SAFE data show, with inbound investment netting $192 billion.
—4 min read
EconomyBelgium
Maersk Antwerp Workers Strike Over End of Telework
Workers at Maersk's Antwerp offices are striking against the shipping giant's worldwide decision to abolish telework from January 2027.
—5 min read
PoliticsEconomy
Flemish budget: what the savings cost you
Flanders unveiled a budget saving up to 3.1 billion euros. A new calculator shows how higher registration duties and child benefit cuts hit residents.
—6 min read
EconomyBusiness
Colruyt Shares Fall Nearly 10% After Profit Warning
Colruyt shares dropped nearly 10% after the Belgian retailer issued a profit warning, citing rising costs and eroding market share.
—5 min read
EconomyUnited States
Mortgage Rates Hit Highest Since 2023 on Treasury Surge
U.S. mortgage rates climbed to 7.6%, the highest since 2023, as Treasury yields spiked to multi-decade highs on persistent inflation.
—6 min read
LegalEconomy
China Charges Ex-Securities Chief Yi Huiman With Bribery
Prosecutors filed bribery charges against Yi Huiman, former head of China's securities regulator, escalating an anti-corruption drive in finance.
—5 min read
EconomyAsia
China Manufacturing PMI Returns to Expansion at 50.1%
China's official manufacturing PMI rose to 50.1% in September 2026, ending a two-month contraction as production and non-manufacturing activity rebounded.
—4 min read
EconomyChina
Guangzhou Caps Home Deposits at 5% in Sales Reform
Guangzhou caps completed-home deposits at 5% of price, the loosest among China's first-tier cities, in a national shift away from pre-sold housing.
—5 min read
EconomyPolitics
Flanders Voucher Price Rise Threatens 23,000 Care Jobs
Belgium's service voucher sector warns a planned €10 to €12 price rise could cost 23,000 jobs, invoking the memory of the Ford Genk closure.
—6 min read
EconomyChina
China SOEs to Invest 2 Trillion Yuan in Six Networks
China's central state-owned enterprises will channel about 2 trillion yuan into the 'Six Networks' infrastructure plan in 2026, SASAC announced.
—6 min read
PolicyEconomy
China Deploys 19 Measures to Redirect Finance to Services
Eight Chinese departments unveiled 19 measures to channel financing into the service sector, targeting asset-light firms and a 100 trillion yuan goal.
—4 min read
PoliticsEconomy
Flanders to Raise Property Tax Back to 3%
The Flemish government plans to raise property registration fees back to 3%, costing homebuyers nearly 4,000 euros more, as part of its 2027 budget deal.
—4 min read
AgricultureEconomy
China Forecasts Bumper Grain Harvest for 2026
China's agriculture ministry says a full-year bumper grain harvest is in prospect after summer grain topped 300 billion jin for the first time.
—4 min read
EconomyEurope
Belgian Inflation Jumps to 4.69% as Energy Costs Soar
Belgian inflation climbed to 4.69% in September, driven by a 24.37% surge in energy prices tied to the Middle East war, Statbel reports.
—4 min read
ImmigrationEconomy
Idaho Dairies Wary as Immigration Crackdown Spares Farms
Trump's immigration crackdown has largely spared farms so far, but Idaho dairy producers reliant on immigrant labor worry the reprieve won't hold.
—6 min read
Economy
U.S. Job Openings Slip to 7.1 Million as Labor Market Cools
U.S. job openings slipped to 7.1 million in August, missing forecasts for a third month as quits fade and layoffs stay low.
—5 min read
EconomyTrade
China, US Detail Tariff Cuts in Trade Council Deal
China's Commerce Ministry unveiled details of a new China-US Trade Council and a reciprocal 30-billion-to-30-billion tariff reduction framework.
—6 min read
EconomyChina
China Industrial Profits Up 15.7% on AI Electronics Boom
China's industrial profits rose 15.7% in the first eight months of 2026, led by a booming electronics sector as the AI infrastructure buildout accelerates.
—4 min read
TechnologyEconomy
Beijing Rolls Out China's First Token Economy Action Plan
Beijing issued China's first province-level token economy policy, building an industrial chain around AI tokens from production to distribution and use.
—6 min read
EconomyResearch
Bioscape Campus Collapses: 500 Antwerp Jobs Lost
Investors have withdrawn from the Bioscape research campus at the University of Antwerp, costing the region 500 science jobs after a permit dispute.
—5 min read
HealthEconomy
Charleroi Hospitals Face Second Wave of Cuts
HUmani, the public hospital network in Charleroi and Chimay, is preparing a second round of savings after a 16.5 million euro plan fell short.
—5 min read
PoliticsEconomy
Diependaele's Final Offer as Budget Deadline Looms
Flemish Minister-President Diependaele presents a 'best and final offer' to reach a budget deal hours before his September Statement deadline.
—5 min read
EconomyEducation
Belgian Teachers Left Reeling by Capped Indexation Pay Slip
Belgian teachers saw their gross salary scale fall in September despite correct capped-indexation math, sparking anger and a strike call.
—6 min read
PoliticsEconomy
Trump's $810M Pocket Rescission: What to Know
President Trump withheld $810 million via a 'pocket rescission' days before the fiscal year ends. Here's what's affected and why it's contested.
—6 min read
PoliticsEconomy
Trump Unveils $15B Iowa Mega-Steel Plant
Trump announced a $15B Iowa steel plant by Mesabi Metallics, touted as the largest in US history, with 1,750 jobs but no production until 2030.
—6 min read
SocietyEconomy
Shanxi Scenic Area's 30M Yuan NPC Gamble Draws Scrutiny
A Shanxi scenic area offered 30 million yuan to recruit 100 NPCs, sparking debate over whether it is genuine strategy or a publicity stunt.
—6 min read
EconomyChina
China's Private Firms Accelerate Global Integration
China's private enterprises are accelerating their global expansion as policy shifts from giving incentives to building ecosystems, new data shows.
—5 min read
EconomyChina
China's 10 Departments Move to Boost RV Consumption
Ten Chinese departments issued nine measures to spur RV and car consumption, easing scrapping rules, parking and campgrounds to unlock consumer demand.
—6 min read
EconomyUnited States
US Economic Sentiment Near Record Low on Prices
US consumer sentiment fell to 48.1 in September, near a record low, as gas prices, mortgage rates and inflation squeeze households before the midterms.
—6 min read
EconomyUnited States
US Farmers Face a Deepening Cost Crisis
Squeezed by record diesel and fertilizer costs and a collapsed China export market, American farmers face a fourth year of losses and a reckoning.
—7 min read
EconomyAsia
PBOC Signals Stepped-Up Countercyclical Support
China's central bank pledged to step up countercyclical adjustment and keep monetary policy appropriately loose, sharpening its focus on growth and prices.
—5 min read
EconomyChina
China's Outbound Investment Stock Holds Global Top Three
China's outbound direct investment stock reached US$3.4 trillion in 2025, holding a global top-three spot for nine straight years.
—4 min read
EconomyBelgium
Volvo Gent Supplier Collapse: Only 2 of 12 Remain
With Plasman and Benteler closing, only 2 of 12 suppliers remain around Volvo Gent. A union veteran warns: 'Now it is every man for himself.'
—4 min read
PoliticsEconomy
Flemish Water Bills Break 500 Euros as Minister Objects
Average Flemish water bills topped 500 euros for the first time, as a proposed increase sparks a rift between ministers amid budget talks.
—4 min read
BusinessEconomy
Bond Yields Hit Two-Decade High as Oil Swings on Iran
U.S. Treasury yields surged to two-decade highs while oil prices swung on conflicting U.S.-Iran headlines, deepening a global bond selloff.
—6 min read
TechnologyEconomy
China Cements Lead as World's Largest Robot Market
China installed a record 354,000 industrial robots in 2025, 59% of the global total, as domestic suppliers now build more than half of them.
—5 min read
PoliticsEconomy
De Wever Seeks 'Third Way' as Coalition Splits on Budget
Belgian PM Bart De Wever must broker a compromise between MR and Les Engagés, whose rival 'third way' plans threaten federal budget talks.
—5 min read
PoliticsEconomy
Vooruit Targets Business Subsidies in Flemish Budget Fight
Belgium's Vooruit party wants to cut business subsidies and close inheritance tax loopholes, arguing every euro of state support must be well spent.
—4 min read
EconomyUnited States
Senior Poverty Rises for Fifth Straight Year in US
US senior poverty hit 15.4% in 2025, the fifth straight annual rise, as safety-net cuts and Social Security's uncertain future deepen financial strain.
—4 min read
PoliticsEconomy
Xi Charts Rural Course as 15th Five-Year Plan Era Opens
On China's first Harvest Festival of the 15th Five-Year Plan, Xi Jinping set rural revitalization and food security priorities through 2030.
—6 min read
EconomyChina
China's Top 500 Private Firms Turn to Advanced Industries
China's 2026 Top 500 private enterprises ranking shows a structural shift toward advanced manufacturing, strategic emerging and future industries.
—5 min read
PoliticsEconomy
Li Qiang Touts AI and Future Industries in Shanghai
Premier Li Qiang toured Shanghai to push AI-manufacturing integration and future industries, backing patient capital and a national policy tilt.
—5 min read
EconomyPolitics
Belgium's Energy Shock Returns, but Not the Money
As energy prices surge again, Belgium asks whether it can repeat its 2022 support measures—but deep debt leaves little fiscal room to act.
—7 min read
EconomyEurope
Belgian Diesel Price Falls After Record High Above €2.50
Belgium's diesel price will drop 9.6 cents to €2.405 per liter Thursday, easing pressure after a record high driven by Middle East tensions.
—6 min read
TechnologyEconomy
China Pushes Deep AI Integration Into Manufacturing
China is driving AI deep into its factories, citing 60% of global AI patents and 89.6% digital adoption, while flagging gaps in chips and core tech.
—5 min read
TechnologyEconomy
China's Embodied AI Robots Shift From Tech Race to Scale
China's embodied AI robotics industry is moving from tech competition to mass production, with funding and IPOs signaling a commercialization push.
—5 min read
EconomyChina
China's Top 500 Private Firms Post Record Revenue
ACFIC's 2026 Top 500 Chinese private enterprises list shows combined revenue of 44.93 trillion yuan, led by JD.com, Alibaba and Hengli Group.
—5 min read
EconomyChina
China Launches Holiday Tourism Push With ¥310M in Vouchers
China launched its 2026 National Day culture and tourism consumption month, releasing over 310 million yuan in vouchers and planning 20,000-plus events.
—4 min read
EconomyEurope
Belgian House Prices Rise Again Across All Three Regions
House and apartment prices rose across Belgium in the first half of 2026, Statbel data shows, with Brussels the priciest region and Wallonia the cheapest.
—5 min read
EconomyPolitics
Belgian Diesel Price Tops 2.5 Euros for First Time
Belgian diesel hit a record 2.501 euros per litre as Middle East conflict drives fuel costs, prompting Bouwunie to seek a temporary excise refund.
—6 min read
EconomyPolitics
Belgium Eyes Tax on Non-Profits' €2.7bn Profit
A probe of 17,000 Belgian non-profits found €2.7bn in profit and just €80m in tax. Now the government wants a slice of the sector's surplus.
—5 min read
EconomyChina
China Holds LPR Steady for 16th Straight Month
China's Loan Prime Rate stayed unchanged for a 16th month, as analysts say external tightening by the Fed, ECB and BOJ has limited impact.
—4 min read
EconomyAsia
Shanghai Home Sales Surge as 'Golden September' Peak Hits
Shanghai second-hand home sales hit a second-half high in September, with 1,495 single-day transactions as policy easing fuels a market recovery.
—6 min read
PoliticsEconomy
Li Qiang to Keynote 5th Global Digital Trade Expo
Chinese Premier Li Qiang will deliver a speech at the launch ceremony of the 5th Global Digital Trade Expo in Hangzhou, running Sept. 23-27.
—2 min read
International PoliticsEconomy
China, US Trade Talks in New York Set Up Xi-Trump Summit
China and the US held eight hours of trade talks in New York, with Washington proposing a new AI safety notification mechanism before the Trump-Xi summit.
—7 min read
EconomyEurope
Belgian Diesel Hits Record 2.501 Euros per Liter
Belgian diesel climbs to a record 2.501 euros per liter as Middle East conflict drives energy costs higher for households and businesses.
—4 min read
Politics & ElectionsEconomy
Poll: Most Voters Say Trump Has Hurt the Economy
A new NBC News poll finds 55% of voters say Trump's policies have hurt the economy, with his approval at a second-term low ahead of the 2026 midterms.
—5 min read
PoliticsEconomy
Belgium's De Wever Opens 10 Billion Euro Budget Talks
Belgium's Arizona coalition began crunch budget talks, seeking 10 billion euros to tame a 5.2% deficit and avoid an interest snowball.
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SocietyEconomy
As Childcare Costs Soar, Families Turn to Grandparents
With U.S. childcare averaging $13,184 a year, more families are relying on grandparents to fill the gap, reshaping family life and the economy.
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EconomyChina
China Fiscal Revenue Slows, Spending Shrinks in August
China's August fiscal revenue growth slowed to 4.7% while government spending contracted, as property downturn and weak demand weigh on public finances.
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EconomyRegulation
China Vows 'Combination Punches' on Cutthroat Competition
China's market regulator pledges 'combination punch' measures to curb destructive 'involution-style' competition and tighten scrutiny of platform giants.
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EconomyChina
China Consumer Market Cools as Services Outpace Goods
China retail sales rose 2.5% in Jan-Aug 2026, but August growth slowed to 0.4% as spending shifts from goods to services.
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PoliticsEconomy
De Wever Opens Belgium Budget Talks With Stark Warning
Belgian PM Bart De Wever hands coalition parties a budget starting note, calling talks to find €10 billion in savings an 'extremely difficult exercise.'
—6 min read
EconomyEnergy
Belgium Spends Over 10 Billion Euros Backing Fossil Fuels
A federal review shows Belgium funnels over 10 billion euros a year into fossil fuel subsidies, offering savings as the government hunts for budget cuts.
—6 min read
EconomyEnvironment
Utah Leads Nation in Home Insurance Nonrenewals
New NAIC data shows Utah dropped homeowners at the nation's highest rate in 2025, exposing climate-driven cracks in the Western insurance market.
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SocietyEconomy
As Childcare Costs Soar, Families Lean on Grandparents
With U.S. childcare averaging $13,184 a year, more families are turning to grandparents for care, easing costs but straining older Americans.
—5 min read
Economy
How the Fed's Interest Rate Actually Works
The Fed just raised rates for the first time since 2023. Here's how its key tool shapes inflation, borrowing costs, and your pocketbook.
—5 min read
EconomyAsia
China-ASEAN FTA 3.0 Takes Center Stage at Nanning Expo
The 23rd China-ASEAN Expo showcases FTA 3.0 prospects, with Timor-Leste's debut uniting all 11 ASEAN members as trade tops $1 trillion.
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TechnologyEconomy
China's Carmakers Race Into Humanoid Robots
Nearly 20 global automakers have poured over 100 billion yuan into embodied robots as China's car and humanoid robotics industries converge.
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EconomyBelgium
Belgians' Pension Dates Pushed Back by Reform
Many Belgians over 60 are discovering their first possible pension date has moved back by months. Here's why, and who is most affected.
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EconomyEurope
Belgium's VAT Receipt Lottery Moves Closer to Reality
Belgium's National Lottery has drafted a plan for a VAT-receipt lottery to fight hospitality tax fraud, with prizes scanned via QR code.
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EconomyInternational
China, US Open New York Trade Talks Ahead of Summit
China's Vice Premier He Lifeng leads a delegation to New York for trade talks with the US, setting the stage for a Trump-Xi summit next week.
—7 min read
EconomyChina
China Pitches 15th Five-Year Plan as Global Opportunity
China's 15th Five-Year Plan is framed by Xinhua as a 'cooperation list for the world,' touting market, supply chain and Belt and Road openings.
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EconomyChina
RMB Breaks Past 6.70 Against Dollar, Strongest Since 2023
China's onshore and offshore renminbi both strengthened past 6.70 per dollar, the strongest since 2023, driven by dollar weakness and Fed rate-cut bets.
—4 min read
BusinessEconomy
Dutch Firm Plans €1bn Data Center on Sappi Site
Switch Datacenters plans a €1 billion data center on the former Sappi paper mill site in Lanaken, promising 150-250 jobs but facing grid hurdles.
—5 min read
EconomyAsia
China Says Real Estate Has Entered Its 'Stock Era'
China's housing ministry declares a 'stock era' for real estate as second-hand home sales overtake new builds, signaling a structural shift in the market.
—6 min read
BusinessEconomy
Warren Buffett Steps Down as Berkshire Chairman
Warren Buffett, 96, steps down as Berkshire Hathaway chairman after 56 years. His son Howard becomes chairman; Greg Abel remains CEO.
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EconomyPolitics
Gas Prices Near 2026 High Weeks Before Midterms
U.S. gas prices hit $4.46 a gallon, nearing their 2026 high, as the Iran war drives fuel costs upward just weeks before the midterm elections.
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EconomyInternational
Fed Hikes Rates for First Time in Three Years
The Federal Reserve raised interest rates 25 basis points to 3.75%-4%, its first hike since 2023, as inflation and oil prices stay elevated.
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EmploymentEconomy
Two in Three Belgian Job Seekers Ignored by Employers
Acerta and Stepstone's Talent Pulse survey finds 65.5% of Belgian job seekers get no reply to applications, with young people and over-50s worst hit.
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EconomyInternational
Copper Hits Record Highs Amid Trump Tariff Threat
Copper prices surged to record highs as Trump's tariff threat redistributes global stocks. Uneven supply and political indecision drive the market.
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EconomyAsia
China Ties Presale Home Sales to Topping Out
China now requires presale homes to be structurally topped out before sale, a landmark reform reshaping its commercial housing sales system.
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InfrastructureEconomy
Pinglu Canal Opens, Rewiring Southwest China Trade
China's Pinglu Canal opened for navigation on Sept 16, 2026, cutting 560 km from Southwest China's sea route and linking the region to ASEAN.
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EconomyBelgium
Belgium Heating Oil Price Jumps Nearly 6 Cents
Belgium's maximum heating oil prices rise almost 6 euro cents per litre from Thursday, driven by Middle East oil turmoil and a domestic Promaz levy hike.
—4 min read
EconomyPolitics
Fed Weighs First Rate Hike Since 2023
The Federal Reserve is expected to raise interest rates Wednesday for the first time since 2023, defying President Trump's demands for cuts.
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EconomyTechnology
AI's Effect on Workers Shows Up in Wages, Not Jobs
New wage data suggests AI is compressing pay rather than cutting jobs, hitting lower earners hardest even as unemployment holds steady.
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PoliticsEconomy
Trump-Backed Crypto Bill Defeated in Senate
The CLARITY Act failed a key Senate procedural vote, dealing a major setback to the crypto industry and President Trump's digital asset agenda.
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EnvironmentEconomy
Hautes Fagnes Fire Batters Belgian Tourism Sector
A month after Belgium's largest wildfire, Hautes Fagnes hotels report a 73% revenue drop as tourists stay away and businesses plead for visitors.
—4 min read
BusinessEconomy
Intermarché Weighs Return to Flanders as It Expands
French chain Intermarché opens its first Brussels city store and says a return to Flanders is 'not excluded' as it targets 20 Belgian stores by 2030.
—4 min read
InfrastructureEconomy
Pinglu Canal Nears Opening in Southern China
China announces the navigation zone for the 134.2-km Pinglu Canal, set to open Sept. 16, linking inland Guangxi to the sea via Beibu Gulf.
—6 min read
EconomyAsia
China August Data: Steady Growth, Deepening Cracks
China's August data show resilient industry and exports but weak consumption and a 7.2% investment slump, exposing a widening supply-demand gap.
—6 min read
EconomyUnited States
Homebuyers Face Yet Another Cost: Junk Fees
Real estate 'junk fees' add hundreds of dollars to home purchases. New research says buyers and sellers pay nearly $2 billion a year in admin fees.
—7 min read
EconomyPolitics
China Tops World in Reserves of 14 Minerals, Report Says
China ranks first globally for reserves of 14 minerals including rare earths, tungsten and tin, a new report says, cementing its critical minerals edge.
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Real EstateEconomy
China Reshapes Real Estate Finance in Landmark Reform
China unveiled a sweeping reform of real estate finance, extending mortgage terms to 40 years and mandating post-completion disbursement.
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Real EstateEconomy
China Cities Ramp Up Housing Support Measures
Chinese localities from Henan to Wuhan and Haikou roll out subsidies, trade-in programs and looser purchase rules to stabilize the housing market.
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TechnologyEconomy
China Links 31 Regions in Unified Computing Power Grid
China's computing platform now monitors power nationwide, connecting all 31 provinces as the country accelerates its integrated computing network.
—5 min read
EconomyBelgium
Nearly 20,000 More Belgians Get Pensions Abroad
The number of Belgians receiving their state pension abroad rose from 62,952 in 2019 to 81,565 in 2025, new Pension Service figures show.
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PoliticsEconomy
Belgium Weighs Taxing Mutuals and Unions Like Firms
A leaked Belgian Finance Ministry note proposes taxing mutuals and unions like companies, giving N-VA ammunition in the 10 billion euro budget fight.
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EconomyPolitics
Fed Rate Hike Odds Near 90% After Hot CPI Report
Rate hike odds climbed to nearly 90% after a hotter-than-expected August CPI report, setting up a politically fraught Fed decision before the midterms.
—7 min read
TechnologyEconomy
Trump Dismisses AI Slowdown Calls as Tech Stocks Slide
President Trump downplayed warnings from AI executives to slow development as a tech stock selloff hit markets, deepening a political fight over AI risk.
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EconomyHousing
Data Centers' Uneven Mark on U.S. Housing Markets
A landmark NAR study finds no single 'data center effect' on U.S. housing—home values rise in some markets while others strain under booming demand.
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EconomyBelgium
80,000 Flemish Households on Energy Safety Net
A record 80,028 Flemish households now receive power from Fluvius as social supplier after falling behind on bills, with prices set to climb further.
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PoliticsEconomy
Belgian Entrepreneurs Tell De Wever Where to Find 10 Billion
Top Belgian entrepreneurs Huts, Duchatelet and Ingels advise PM De Wever to cut spending, not raise taxes, as he hunts for 10 billion euros.
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EconomyChina
CIFTIS Debuts Going-Global Services Zone for Exporters
China's 2026 CIFTIS debuted a Going-Global Services zone, uniting finance, legal and logistics providers to help Chinese firms expand overseas.
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EconomyTechnology
Data Centers Reshape US Housing, But Not Uniformly
A first-of-its-kind NAR study finds data centers' impact on US housing varies widely by market, boosting some areas while straining others.
—6 min read
TechnologyEconomy
China Unveils 15th Five-Year Plan for Smart NEVs
China's MIIT and eight departments released a 15th Five-Year Plan for intelligent connected NEVs, targeting 70% electric passenger car sales by 2030.
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TechnologyEconomy
China Debuts AI Mineral Exploration Tools for Global Use
China released AI-powered mineral exploration and geological mapping systems to the global community, promising faster, cheaper resource discovery.
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EconomyChina
China's CSRC Cracks Down on *ST Zhuoran Fraud Case
China's securities regulator fined *ST Zhuoran 12.5M yuan, banned its controller for 10 years and flagged forced delisting over severe financial fraud.
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EconomyPolicy
China Deploys Digital Rural Plan for 15th Five-Year Plan
China's three departments issued a Digital Village Action Plan (2026-2030), targeting rural connectivity, smart agriculture, and digital governance.
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PoliticsEconomy
Belgian Cabinet Meets on Budget After Difficult Talks
Belgium's core cabinet met Saturday to seek about EUR 10 billion in budget savings, following a difficult session and a rift over Palestinian students.
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EconomyEnergy
Flanders Cuts Solar Park Subsidies, Trims Power Bills
Flemish Energy Minister Depraetere cuts subsidies for large solar parks during negative power prices, saving €179 million to trim power bills.
—4 min read
EconomyTechnology
No Single 'Data Center Effect' on U.S. Housing, NAR Finds
A first-of-its-kind NAR study finds data centers affect U.S. housing markets in wildly different ways, from boomtown shortages to rising power bills.
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EconomyPolicy
China Unveils 15th Five-Year Financial Powerhouse Plan
China released its 15th Five-Year Plan to build a financial powerhouse, setting 2030 and 2035 goals for markets, regulation and RMB internationalization.
—7 min read
HousingEconomy
Flemish Rents Pass 1,000 Euros for the First Time
Average rent in Flanders has climbed above 1,000 euros a month for the first time, but the median tells a more modest story at 925 euros.
—5 min read
EconomyEnergy
Belgium Raises Heating Oil Levy to Rescue Promaz Fund
Belgium will add 1 euro cent per litre to heating oil from 1 October to shore up the underfunded Promaz soil-remediation fund, per a ministerial decree.
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Economy
August Inflation Ticks Up, Teeing Up a Fed Rate Hike
U.S. inflation rose 0.4% in August as a hotter-than-expected core reading strengthened the case for a Federal Reserve rate hike next week.
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EconomyTrade
U.S.-Canada Trade War Hits Auto-Parts Supply Chains
Escalating U.S.-Canada tariffs are disrupting deeply integrated auto-parts supply chains, raising costs and uncertainty for manufacturers on both sides.
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EconomyFinance
China Unveils 15th Five-Year Plan for Financial Power
China releases its 15th Five-Year Plan for Building a Financial Power, targeting a modern financial system by 2030 and full completion by 2035.
—6 min read
EconomyPolitics
US Diesel Tops $6 a Gallon for First Time Ever
US diesel prices hit a record $6.05 a gallon as the Iran war disrupts global fuel supplies, raising costs for food, freight and everyday goods.
—6 min read
TechnologyEconomy
Chinese Robots Go Global: A Boom With Hidden Risks
Chinese robotics exports surged in 2026, led by humanoid robots. But a narrow market and a 'brain' technology gap threaten the boom's sustainability.
—6 min read
EconomyAsia
China's Services Trade Races Ahead at 2026 CIFTIS
At the 2026 CIFTIS in Beijing, China spotlights services trade, projected by the WTO to grow 4.8% this year, outpacing goods trade growth of 1.9%.
—5 min read
EconomyBelgium
Belgian Coastal Apartment Prices Rise 6.5% as Sales Rebound
Belgian coastal apartment sales rose 8.1% in H1 2026 while median prices climbed to 272,000 euros, Fednot's Coast Barometer shows.
—4 min read
TechnologyEconomy
Anthropic Model Tests How AI Could Reshape US Economy
Anthropic's Econ Scenario Explorer lets users test how AI could reshape the U.S. economy by 2030, from modest gains to a transformed, $44 trillion economy.
—5 min read
BusinessEconomy
Services Trade Outpaces Goods as CIFTIS 2026 Opens
China's 2026 CIFTIS spotlights 'invisible' services trade growing 4.8% globally as AI reshapes how services cross borders.
—6 min read
HealthEconomy
China Opens Bids in 7th Medical Consumables Procurement
China opened bids in Tianjin for its seventh state-organized medical consumables procurement, covering 23 digestive-intervention items to cut costs.
—4 min read
TechnologyEconomy
Chinese Robots Go Global, but Risks Lurk Beneath Boom
Chinese humanoid robot exports jumped 210% in Q1 2026, but analysts warn of a 'brain' gap, data shortages and rising compliance barriers abroad.
—7 min read
Economy
China's August CPI Rises 0.8% on Energy Price Rebound
China's CPI rose 0.8% year-on-year in August, driven by energy price rebound amid Middle East tensions, while core inflation remained subdued at 1.0%.
—5 min read
TradeEconomy
2026 CIFTIS Opens in Beijing with Record Participation
2026 CIFTIS opens at Beijing's Shougang Park with 90 countries, 1,800+ exhibitors, and new 'China Services' showcases.
—6 min read
EconomyEmployment
Clarebout Potatoes Closure Threatens 392 Jobs in Mouscron
Clarebout Potatoes plans to close its Mouscron site, putting 392 jobs at risk. Workers in shock as site is padlocked and Renault procedure launched.
—4 min read
Economy
China's Eighth Batch Adds 11 New Professions, 23 Job Types
China's eighth batch of occupational classifications adds 11 new professions and 23 job types, prioritizing digital, green, and modern service sectors.
—4 min read
Economy
China injects 300B yuan into 8 financial enterprises
China issues 300B yuan in treasury bonds to strengthen capital at 8 central financial enterprises, boosting financial stability and credit capacity.
—6 min read
Economy
China's Trade Grows 17.6% in First 8 Months of 2026
China's foreign trade rose 17.6% year-on-year to 34.78 trillion yuan in the first eight months of 2026, with imports outpacing exports.
—4 min read
PoliticsEconomy
Belgium Targets Late Energy Bills and Contract Switches
Belgian government announces three consumer protection measures to end late energy bills, unfair billing after moves, and unauthorized contract switches.
—5 min read
EconomyPolitics
Belgium's Company Car Tax Break Faces Budget Scrutiny
Belgium's salary car tax advantage sits on the budget table as the government seeks 10 billion euro in savings. Here's how it works and what could change.
—5 min read
HousingEconomy
Poorest Americans Locked Out as Affordable Units Sit Empty
New investigation reveals paradox: America's poorest can't find housing even as low-income units sit vacant. Systemic barriers and policy gaps explained.
—8 min read
TechnologyEconomy
AI Transforms China's Manufacturing Into Global Magnet
Chinese manufacturers are leveraging AI to boost quality, efficiency and global competitiveness, positioning China as an intelligent manufacturing leader.
—6 min read
Economy
China's Consumption Push: Frontline Provinces Show the Way
Frontline reporting shows how Hunan, Fujian, and Shandong drive China's consumption expansion through night economies, first stores, and county innovation.
—7 min read
InternationalEconomy
APEC Shenzhen: Innovation Hub Defines New Asia-Pacific Path
Shenzhen hosts Asia-Pacific Media Forum as APEC 2026 China Year gains momentum ahead of November leaders' summit.
—5 min read
PoliticsEconomy
Trump's Boom Promise Collides With Jobs Report Reality
Strong August jobs report raises Fed rate hike odds, complicating Trump's economic narrative two months before midterm elections.
—7 min read
EconomyTourism
US tourism groups struggle to win back Canadian visitors
US tourism groups court Canadian travelers with discounts, but the escalating trade war complicates efforts to reverse a historic decline in visits.
—7 min read
TechnologyEconomy
China's MIIT Unveils AI Entrepreneurship Plan for SMEs
China's MIIT launches a three-year AI entrepreneurship plan targeting 10,000+ new tech SMEs with funding, computing, and open-source backing.
—4 min read
Economy
US Diesel Prices Hit Record High, Squeezing Economy
US diesel prices surge to record $5.85 per gallon as Iran war disrupts global fuel supplies, driving up costs for food, shipping, and consumers nationwide.
—7 min read
EconomyPolitics
Trump's Boom Narrative Strains Against Economic Reality
Despite a solid August jobs report, Trump's boom narrative faces headwinds from inflation, tariffs, and affordability concerns.
—7 min read
EconomyTechnology
China Electronics Profits Surge 105% on AI Boom
China's electronics manufacturing profits jumped 105% in Jan-Jul to 705.7B yuan, driven by AI demand and memory chip boom.
—5 min read
EconomyTechnology
China Issues First AI-Themed Commemorative Coin Set
China's central bank issues its first AI-themed gold and silver commemorative coins, including a groundbreaking square 5g gold coin.
—4 min read
EconomyTechnology
China Unveils First AI-Themed Commemorative Coin Set
China's central bank issues its first AI-themed gold and silver commemorative coins, featuring brain-circuit designs and binary imagery.
—4 min read
EconomyConsumer Protection
China Deepens Crackdown on Ghost Restaurants in Delivery
China's market regulator deepens its ghost restaurant crackdown on delivery platforms after record fines and new food safety rules.
—5 min read
EconomySports
China Sets 7 Trillion Yuan Sports Industry Target for 2030
China's sports administration targets 7 trillion yuan industry by 2030, positioning sports as a key driver of domestic demand and economic growth.
—6 min read
Economy
Belgium Heating Oil Prices Hit Five-Month High
Belgian heating oil maximum prices rise Friday to highest since April as Middle East war drives energy costs, pressuring households before winter.
—4 min read
International RelationsEconomy
Belgium, India Pledge to Double Trade in Five Years
Belgian PM De Wever and India's Modi pledge to double bilateral trade, expanding ties beyond diamonds into defence, green energy and semiconductors.
—6 min read
Economy
Belgium Drops Out of EU Beer Top 5 Over Data Gap
Belgium fell to 6th place among EU beer producers after failing to report non-alcoholic beer data to Eurostat, allowing France to overtake it.
—4 min read
Economy
China Unveils Green Industrial Blueprint for 15th Plan
China's MIIT issues 15th Five-Year Plan for green industrial development, targeting 2030 carbon peak, energy efficiency gains, and circular economy growth.
—7 min read
Economy
Belgian Gasoline Prices Surge Past €2, Highest Since 2022
Belgian gasoline prices rise above €2 per liter for the first time since 2022 as Middle East conflict drives global energy costs higher.
—4 min read
EconomyPolitics
Tariffs Reshape Michigan Border Town Politics
In Sault Ste. Marie, Michigan, Trump's Canada tariffs are straining local businesses and voter loyalties ahead of a pivotal Senate race.
—6 min read
Economy
China-ASEAN Trade Hits $1T; Consumer Push Targets 60T Yuan
China-ASEAN trade surpasses $1 trillion for first time while seven ministries launch consumer expansion plan targeting 60 trillion yuan by 2030.
—5 min read
Economy
China's Seven Ministries Target Trillion-Yuan Growth
Seven Chinese ministries launch initiative to expand commodity consumption, targeting 60 trillion yuan in retail sales by 2030.
—6 min read
Economy
China-ASEAN Trade Tops $1 Trillion in Historic Milestone
China-ASEAN bilateral trade surpassed $1 trillion for the first time in 2025, reaching $1.05 trillion, a historic economic milestone.
—4 min read
Economy
US Job Openings Rise to 7.3 Million, Labor Market Steady
U.S. job openings ticked up to 7.27 million in July, signaling a sturdy labor market despite higher costs and cautious hiring.
—4 min read
EconomyInternational
China Unveils Sweeping Consumer Goods Upgrade Initiative
Seven Chinese ministries target 60 trillion yuan in retail sales by 2030 and 10-trillion-yuan green, smart, and health markets.
—6 min read
Economy
China's Manufacturing PMI Rises to 49.8% in August
China's August manufacturing PMI rose to 49.8%, beating expectations and signaling stabilization despite a second month below the expansion threshold.
—4 min read
TransportationEconomy
China's Summer Travel Sets Multiple New Records
China's 2026 summer travel shattered records across rail, air, and highway, with new infrastructure and surging student travel driving growth.
—4 min read
TradeEconomy
Guangzhou Freight Train Tops 110B Yuan in Decade
Guangzhou's China-Europe freight train surpasses 110 billion yuan in trade value over ten years, marking a milestone in rail connectivity with Europe.
—4 min read
PoliticsEconomy
Magnette unveils 16-billion-euro alternative budget plan
PS leader Paul Magnette details an alternative budget freeing up 16 billion euros without touching workers or pensioners.
—4 min read
EconomyEnergy
Belgian Energy Prices to Rise Tuesday: Switch Today
Belgian energy contracts are expected to increase September 1. Consumers advised to switch providers Monday to lock in current rates before the hike.
—5 min read
EconomyEnergy
Belgian Energy Prices to Rise Tuesday: Switch Today
Belgian energy contracts are expected to increase September 1. Consumers advised to switch providers Monday to lock in current rates before the hike.
—5 min read
EconomyTechnology
China's Computing-Power-Electricity Synergy Push
China advances computing-power and electricity synergy, deploying liquid-cooled data containers and green energy integration to power its digital economy.
—7 min read
EconomyTechnology
China's Data Chief: Data Now a Key Driver for Enterprises
China's data chief says data is becoming a new driving force for enterprises, highlighting the nation's digital economic transformation push.
—5 min read
HealthEconomy
Belgian Brewers Fight New Alcohol Warning Slogan
Belgian brewers oppose the new 'Alcohol is harmful to health' slogan, while health experts argue there is no safe threshold for alcohol consumption.
—4 min read
EconomyPolitics
Iran War's Uneven Toll: Investors Win, Consumers Pay
Six months into the Iran war, stock markets surged while consumers face higher fuel, food and travel costs. The Wall Street-Main Street divide widens.
—6 min read
PoliticsEconomy
Unanswered Questions Loom Over Trump's Venezuela Oil Deal
Trump's oil deal with Venezuela raises questions about terms, scope, and legality. Analysts seek clarity on the unprecedented agreement.
—7 min read
InfrastructureEconomy
Pinglu Canal Passes Acceptance, Set for September Opening
China's Pinglu Canal passes completion acceptance, clearing the way for September navigation. The 134.2-km waterway will transform southwest China's trade.
—6 min read
Economy
China Overhauls Housing Sales with Ready-Built Focus
China issues sweeping real estate reforms prioritizing ready-built housing sales, extending mortgages to 40 years, and tightening presale rules.
—5 min read
Economy
China Electronics Profits Surge 110% on AI Chip Demand
China's electronics industry profits surged 110% in Jan-July 2026, driven by AI chip demand, contributing 9.3 points to overall industrial profit growth.
—4 min read
Economy
China's Data Industry Hits 6.78 Trillion Yuan in 2025
China's data industry reached 6.78 trillion yuan in 2025, up 15.7%, as the 2026 Big Data Expo opens in Guiyang with a focus on the 'token economy'.
—5 min read
Economy
Belgian Inflation Accelerates to 3.97% in August
Belgian inflation accelerated for the second consecutive month to 3.97% in August, driven by surging energy prices and geopolitical tensions.
—4 min read
TourismEconomy
Belgian Coast Posts Record Summer Tourism Since COVID Era
The Belgian coast recorded 11.2 million overnight stays and 6.1 million day tourists this summer, the highest figures since the COVID-19 pandemic.
—4 min read
Economy
Fed Chair Warsh Signals Rate Hikes as Inflation Persists
Fed Chair Kevin Warsh signals rate hikes may be needed as inflation stays elevated, sending bond yields higher and markets bracing for September.
—7 min read
Economy
China's Industrial Profits Surge 17.6% in First Seven Months
China's industrial profits rose 17.6% in Jan-July 2026, driven by AI-related electronics boom, with high-tech manufacturing leading growth.
—5 min read
Labor & BusinessEconomy
Junique Fashion Ex-Employees Allege Undeclared Work
Former Junique Fashion employees testify about undeclared work and missing contracts as Belgian minister opens investigation.
—4 min read
Economy
Belgian State Bonds Draw 193M Euros on First Day
Belgian state bonds attracted 193 million euros on their first subscription day, four times more than the June issuance but far below the 2023 record.
—4 min read
Economy
China's Outbound Direct Investment Rises 2.8% in Jan-July
China's outbound direct investment grew 2.8% to 6845.1 billion yuan in Jan-July 2026, driven by Belt and Road cooperation and new policies.
—4 min read
EconomyPolitics
Belgian Brewers Fight New 'Alcohol Harms Health' Slogan
Belgian brewers launch open letter campaign against mandatory 'Alcohol harms health' slogan, arguing it stigmatizes a vital sector.
—5 min read
Economy
AirBaltic Scraps Passenger Flights from Liège Airport
AirBaltic cancels planned passenger flights from Liège Airport to the Canary Islands, citing financial difficulties and weak bookings.
—4 min read
Economy
Flanders Plan to Double Gaming Turnover by 2030
Flanders launches 'Next Level Vlaanderen' vision to double gaming sector turnover from €76.5M to €150M by 2030, addressing chronic capital shortages.
—4 min read
Economy
China's Central Bank Sharpens Monetary Policy Precision
China's central bank expands price-based tools, narrows interest rate corridor, and adds overnight reverse repos for more precise liquidity management.
—5 min read
EducationEconomy
Belgian School Costs Rising: What Parents Can Do
Belgian school costs are climbing fast. Here's what schools can legally charge, how laptop reference prices work, and practical tips to save.
—6 min read
EconomyCanada
Canada GDP Grows 0.5% in Q2 as Per-Capita Decline Continues
Canada's economy grew 0.5% in Q2 2024, but GDP per capita fell for the fifth consecutive quarter, underscoring a per-capita recession.
—5 min read
Economy
China Expands Fiscal-Financial Measures for Domestic Demand
China upgrades fiscal-financial coordination with expanded interest subsidies, more banks, and higher credit limits to boost consumption.
—6 min read
EconomyTechnology
China's Robots Accelerate as Fiscal Measures Boost Demand
China's robot industry accelerates globally while upgraded fiscal measures boost domestic demand via interest subsidies and expanded credit.
—7 min read
Economy
APEC Economies Push for EV Charging Standard Coordination
Asia-Pacific stakeholders met in Dalian to discuss harmonizing EV charging standards, aiming to boost interoperability across APEC economies.
—4 min read
HealthEconomy
China's Innovative Drug Exports Surge to $110B in H1 2026
Chinese innovative drug out-licensing deals hit $110 billion in H1 2026 as global pharma giants rush to license Chinese innovations.
—6 min read
TechnologyEconomy
APEC Nations Seek Coordinated EV Charging Standards
Asia-Pacific stakeholders meet in Dalian to coordinate EV charging standards, aiming to improve interoperability and accelerate adoption across the region.
—4 min read
FinanceEconomy
China Revokes Evergrande Life License in Insurance Crackdown
Chinese regulators revoke Evergrande Life's license over fund misuse and related-party transfers, marking the insurer's final chapter.
—6 min read
Economy
China Unveils Fiscal Reform Plan for 15th Five-Year Period
China's Ministry of Finance outlines fiscal reform agenda for the 15th Five-Year Plan, targeting stronger fiscal capacity and modern macro-control.
—6 min read
Economy
China Opens Consultation on Revised Foreign Investment Rules
China's NDRC releases revised Foreign Investment Management Measures for consultation, updating the 2017 framework for better risk protection.
—4 min read
PoliticsEconomy
China's State Council Sets Agenda on Networks, Payments, Air
Premier Li Qiang chairs State Council meeting on communication networks, enterprise payments, air quality, and regulatory reforms.
—4 min read
TechnologyEconomy
China Unveils Five-Year Plan for Internet Enterprise Growth
China's top cyberspace body releases a five-year action plan to boost internet information enterprises, targeting innovation and global expansion.
—6 min read
EconomyEducation
Belgium Hits Record 9,155 Student-Entrepreneurs
Belgium hits record 9,155 student-entrepreneurs, up 5% in a year. Gender gap persists as UNIZO pushes for more female entrepreneurship.
—4 min read
Economy
Tianjin's Five-Year Push as Consumption Hub
Tianjin marks five years as an international consumption center city with 2,200+ first stores, new consumption scenes, and growing global appeal.
—6 min read
Economy
US Borrowing Costs Surge as Low-Rate Era Comes to an End
The 30-year Treasury yield hits its highest level since 2007 as US debt crosses $40 trillion, raising concerns about the end of the low-rate era.
—6 min read
Economy
China Expands Fiscal-Financial Coordination to Boost Demand
China's three key departments expand fiscal-financial coordination policies, broadening subsidies and raising limits to boost domestic demand.
—6 min read
Economy
China's Trade-In Program Benefits 178 Million in 2026
China's trade-in program has benefited 178 million people in 2026, driving 1.32 trillion yuan in sales through 187.5 billion yuan in subsidies.
—5 min read
International TradeEconomy
China, Switzerland Complete FTA Upgrade Negotiations
China and Switzerland conclude FTA upgrade talks, expanding duty-free access to 99.8% of Swiss exports amid global trade tensions.
—5 min read
Real EstateEconomy
Shanghai's 'Huba Eight' Housing Package Targets Demand
Shanghai rolls out 'Huba Eight' housing policies cutting down payments, expanding provident fund use, and offering up to 80,000 yuan in trade-in subsidies.
—5 min read
AgricultureEconomy
China's Early Rice Output Stable Above 56B Jin for 6 Years
China's early rice production reached 565.8 billion jin in 2026, marking six consecutive years above the 560 billion jin threshold despite adverse weather.
—4 min read
TradeEconomy
Chinese Container Ship Makes Historic Arrival at Murmansk
Chinese container ship makes historic first arrival at Russia's Murmansk port via the Arctic route, marking a milestone for the Ice Silk Road.
—4 min read
EnergyEconomy
China's Electricity Consumption Up 4.7% in 7 Months
China's total electricity consumption grew 4.7% year-on-year in Jan-July 2026, driven by high-tech manufacturing and digital economy growth.
—4 min read
Regional DevelopmentEconomy
Shanghai Lingang: Seven Years of Opening Up and Innovation
Shanghai's Lingang New Area marks seven years of growth, with GDP tripling and 196 institutional innovations driving trade and industry.
—7 min read
TourismEconomy
China's Inbound Tourism Surges on Visa-Free Policies
China's inbound tourism sees leapfrog growth this summer, driven by visa-free policies, the Chinamaxxing trend, and deeper cultural experiences.
—6 min read
TourismEconomy
China's Heat-Avoidance Tourism Market Surges This Summer
China's summer heat-avoidance tourism market is booming with diverse supply and strong demand as travelers seek cooler destinations.
—4 min read
TechnologyEconomy
China Robot Industry Revenue Hits 165.5B Yuan in H1
China's robot industry revenue hit 165.5 billion yuan in H1 2026, up 24.5%, as the World Robot Conference showcases sector growth.
—4 min read
Economy
China's Pension Insurance Covers 1.076 Billion People
China's basic pension insurance reached 1.076 billion participants by end of June, expanding the world's largest social security system.
—4 min read
Government PolicyEconomy
China Revamps Housing Provident Fund in Landmark Reform
China's State Council approves the most comprehensive revision of housing provident fund regulations since 1999, expanding withdrawal options.
—5 min read
Economy
China Unveils 18 Measures to Boost County-Level Consumption
China's nine government departments unveil 18 measures to stimulate county-level consumption, targeting 90% of national land area and 50% of population.
—6 min read
Economy
China's Machinery Industry Grows 6.4% in H1 2026
China's machinery industry above-scale enterprises saw added value grow 6.4% in H1 2026, with exports up 20% and smart manufacturing surging.
—4 min read
EconomyLabor
91 Jobs at Risk at Belgian Waste Processor Renewi
Waste processor Renewi announces restructuring plan threatening 91 administrative jobs in Belgium, with unions cautiously optimistic about reorientation.
—4 min read
EconomyLabor
Flexi-Jobs Expand to New Sectors as Security Sector Surges
Belgium's flexi-job system expands beyond traditional sectors, with security and surveillance leading growth thanks to the festival season.
—5 min read
EconomyBusiness
JD.com Takes Over Former Decathlon Site in Willebroek
Chinese e-commerce giant JD.com signs long-term lease for former Decathlon distribution center in Willebroek, Belgium, to expand European operations.
—4 min read
Economy
China's Economy Shows Resilience Amid Structural Shift
China's economy stayed stable in the first seven months of 2026, with high-tech growth and strong trade offsetting weak investment and consumption.
—7 min read
EconomyPolicy
Nine Chinese Departments Unveil County Consumption Policy
Nine Chinese departments issued a policy to stimulate lower-tier market vitality and boost county-level consumption for domestic demand expansion.
—5 min read
EconomyTechnology
China's Future Industries Take Shape in 15th Five-Year Plan
China's 15th Five-Year Plan first year sees quantum, biomanufacturing, and brain-computer interfaces accelerate toward commercialization.
—7 min read
EconomyTrade
Flemish Firms Recover Millions from US Customs Refunds
Hundreds of Flemish companies recovered millions in US import duties after the Supreme Court ruled Trump's tariffs illegal. VOKA urges more firms to claim.
—5 min read
PoliticsEconomy
US-Canada Race to Avert Trump's 50% Tariffs Before Deadline
US and Canada hold last-minute talks to prevent Trump's threatened 50% tariffs on $20B of Canadian goods from taking effect Wednesday.
—6 min read
Economy
PBOC Keeps Supportive Stance, More Policy Easing Expected
PBOC keeps supportive monetary policy as July data shows social financing and M2 growth outpacing GDP, with more easing expected.
—5 min read
EconomyConsumer
China's 'AB Goods' E-Commerce Chaos Exposes Pressures
China's e-commerce 'AB goods' practice - different quality for different customers - exposes industry competition pressures and consumer protection gaps.
—6 min read
EconomyInfrastructure
China's Railway Investment Hits 440.6B Yuan in Seven Months
China's railway sector invested 440.6 billion yuan in the first seven months of 2026, up 1.8%, with major projects advancing nationwide.
—4 min read
EconomyHeritage
Knokke Casino's 110M Euro Renovation: A New Era Begins
Belgium's iconic Knokke Casino embarks on a 110M euro renovation, blending heritage preservation with modern architecture, set to complete by 2033.
—6 min read
DiplomacyEconomy
Ecuador's Noboa Arrives in Beijing for State Visit to China
Ecuadorian President Daniel Noboa arrives in Beijing for an 8-day state visit to China, seeking to resolve shrimp trade disputes and deepen economic ties.
—6 min read
EconomyTrade
China-Europe Arctic Express Route Enters Regular Operation
China's Arctic shipping route to Europe enters regular weekly service, cutting transit times by half and opening the Ice Silk Road for trade.
—6 min read
EconomyTrade
Cross-Border E-Commerce Propels Chinese Manufacturing Global
Cross-border e-commerce accelerates Chinese manufacturing's global expansion as 'one store selling globally' transforms export strategies.
—5 min read
Economy
All 31 Chinese Provinces Report Stable H1 Local Finances
China's 31 provinces report stable H1 2026 fiscal operations with 6.88 trillion yuan in local revenue, up 2.7% year-on-year.
—4 min read
EconomyTransport
China Railway Hits Record 2.8B Passengers in First 7 Months
China's railway network carried 2.8 billion passengers in the first seven months of 2026, up 4.1% year-on-year, setting a new record for the period.
—4 min read
Economy
China's Express Delivery Index Rises 2.4% in July
China's express delivery index rose 2.4% year-on-year in July to 424.2, reflecting steady logistics growth with expanding market scale.
—4 min read
EconomyTourism
Foreign Tourists Flock to Shenzhen for Tech Shopping
Shenzhen's Huaqiangbei electronics market draws record foreign tourists seeking AI gadgets, drones and smart devices as China's inbound tourism surges.
—6 min read
Economy
US Retail Sales Slump as Summer Tax-Refund Boost Fades
US retail sales fell 0.6% in July, the biggest drop in over a year, as tax-refund spending faded and gas prices rose amid Iran war tensions.
—5 min read
Economy
Inflation Cools in July But Consumer Spending Declines
July inflation cooled to 3.4% but retail sales fell 0.6%, the biggest drop in over a year, as American households pull back on spending.
—5 min read
Economy
Wholesale Inflation Slows as Gas and Food Costs Fall
Wholesale price inflation slowed in July as gas and food costs fell, giving the Federal Reserve more room to hold rates steady at its September meeting.
—5 min read
EnvironmentEconomy
China Expands Carbon Market to Petrochemical, Chemical
China's carbon market will expand to petrochemical and chemical industries, bringing about 80% of the country's CO2 emissions under control.
—6 min read
EconomyAutomotive
China's NEV Sales Cross Two Historic Milestones in July
China's new energy vehicles hit record 60.4% monthly and 51.2% cumulative sales share in July, marking a historic shift to electric dominance.
—4 min read
Economy
Foreign Investment Surges in China's High-End Manufacturing
Foreign investment in China's high-tech industries rose 33.2% in H1 2026 as major projects land in semiconductors, EV components, and advanced materials.
—6 min read
EconomyTechnology
China's Computing Network Drives 4 Trillion Yuan Investment
China's computing network sector is set to drive 4 trillion yuan in new investment during the 15th Five-Year Plan, fueled by AI demand.
—6 min read
EconomyTourism
Hainan Unveils New International Tourism Consumption Plan
Hainan unveils its 15th Five-Year Plan for tourism consumption, targeting 154 million visitors and 50 billion yuan in duty-free sales by 2030.
—5 min read
Economy
Five Economic Takeaways: Inflation, Spending, and Trends
This week's economic data reveals key trends in inflation, consumer spending, grocery prices, and gas costs affecting American households.
—5 min read
Economy
China Targets 60 Trillion Yuan Retail Sales by 2030
China's first national consumption plan targets 60 trillion yuan in retail sales by 2030, adding 10 trillion yuan over five years.
—6 min read
Economy
China's Central Bank Plans Incremental Policies
China's central bank announces incremental policies and stronger counter-cyclical adjustment to support economic stability and growth.
—6 min read
EnvironmentEconomy
China's Carbon Market Tops 900M Tons in Trading Volume
China's carbon emissions trading market surpasses 930 million tons in cumulative volume, marking a milestone in the world's largest carbon market.
—4 min read
Economy
China's Regions Build Emerging Industries in New Plan
Regions across China accelerate emerging industry growth in the 15th Five-Year Plan's first year, from robots to lithium batteries.
—6 min read
LegalEconomy
China Cracks Down on Driving School Price-Fixing Monopolies
China's market regulator reveals 12 driving training monopoly cases involving association-led collusion and coordinated price hikes across 10+ provinces.
—4 min read
Economy
Mortgage Rates Dip for First Time in Six Weeks
Mortgage rates fell slightly for the first time in six weeks, offering a small reprieve for homebuyers, though rates remain higher than last year.
—5 min read
EmploymentEconomy
China's 100-Day Recruitment Drive Offers 80,000+ Jobs
China's 100-day recruitment campaign generated over 80,000 job opportunities across four industry sectors, part of broader efforts to boost employment.
—5 min read
LegalEconomy
EV Water Damage Claims: Court Rules on Total Loss Disputes
Beijing Financial Court clarifies constructive total loss rules for EV battery water damage, ruling insurers must pay when repair costs exceed coverage.
—7 min read
Economy
China Machinery Exports Shift to Smart Solutions
Chinese construction machinery exports grew 21.7% in H1 2026 as manufacturers shift from selling equipment to intelligent solutions.
—4 min read
LegalEconomy
China Cracks Down on Deceptive Ad Citation 'Text Traps'
China's new advertising citation guidelines crack down on deceptive 'text traps' like hidden disclaimers and artificially narrowed 'first place' claims.
—6 min read
Regional DevelopmentEconomy
Linfen's Green Transformation: Model for Resource Cities
Once China's most polluted city, Linfen transformed through industrial restructuring and green innovation, becoming a model for resource-based development.
—6 min read
Economy
China Adds Housing to Bulk Consumption to Boost Demand
China's State Council includes housing in bulk consumption category, prompting cities like Beijing to ease purchase rules and boost domestic demand.
—4 min read
InfrastructureEconomy
Pinglu Canal Launches Full-Scale Ship Testing
China's Pinglu Canal, a $10.78 billion megaproject linking southwest China to ASEAN, begins full-scale ship testing ahead of its September opening.
—6 min read
EconomyEnergy
Belgian Gas Contract Prices Surge 20% on Winter Fears
Belgian fixed gas contract prices rise 20% amid low European storage levels and Middle East tensions, raising fears of a new energy crisis this winter.
—6 min read
Economy
Belgium's Package Tax Raises €42.5M in First Month
Belgium's share of the EU package tax generated €42.5 million in July. Chinese e-commerce platforms are adapting, but revenues are expected to rise.
—5 min read
TradeEconomy
Trump Tariffs Push Canadian Firms to Consider US Relocation
Trump's 50% tariffs on Canadian goods are forcing some businesses to consider relocating to the US, reshaping North American manufacturing.
—5 min read
Economy
July Inflation Cools to 3.4%, Offering Fed Reprieve on Rates
U.S. inflation eased to 3.4% in July, giving the Federal Reserve breathing room as it weighs its September rate decision amid elevated energy prices.
—6 min read
EconomyTrade
2026 CIFTIS Set to Showcase China's Service Trade Ambitions
The 2026 CIFTIS opens Sept 9-13 in Beijing with Norway as guest of honor, 180+ innovations, and a new going-global focus.
—6 min read
PoliticsEconomy
Belgium Probes Play Sports Pricing After €15 Football Hike
Belgian Minister Beenders requests BIPT and Competition Authority investigation into Telenet's Play Sports pricing after a €15 football hike.
—4 min read
Economy
China's July CPI Rises 0.5% Year-on-Year
China's July CPI rose 0.5% year-on-year, the slowest since January, as falling gasoline prices offset AI-driven electronics gains and summer travel demand.
—7 min read
Economy
Shenzhen Marks 100-Day Countdown to APEC Summit
Shenzhen marks 100 days to APEC summit, showcasing innovation, surging trade with Asia-Pacific economies and citywide preparations.
—6 min read
TradeEconomy
2026 CIFTIS Opens Media Registration Ahead of September Fair
Media registration for the 2026 China International Fair for Trade in Services is now open. The event runs Sept 9-13 at Beijing's Shougang Park.
—4 min read
Economy
China's 'New New Three Items': AI, Robots, and Drugs
China's 'new new three items' - AI, robotics, and innovative drugs - are reshaping the nation's export identity from goods to capabilities.
—6 min read
Economy
China's Hand-Made Economy: From Creation to Scale
China's 'hand-made economy' booms with 16M+ one-person companies, but scaling sustainably requires navigating legal and IP challenges.
—5 min read
EnergyEconomy
Belgian Electricity Prices Hit Two-Year Record
Belgian electricity prices hit a two-year record at nearly 20 cents per kWh as gas costs surge up to 40% amid the US-Iran conflict.
—6 min read
Economy
Chinese Regions Expand Auto Subsidies to Revive Market
Multiple Chinese regions are simplifying processes, boosting subsidies, and expanding coverage to revive a slumping auto market that saw H1 sales fall 21%.
—4 min read
EmploymentEconomy
Brussels Youth Struggle for Jobs Despite Master's Degrees
Brussels youth with master's degrees struggle to find work as youth unemployment rises 17%, raising questions about the value of higher education.
—6 min read
EmploymentEconomy
Flanders Sees Lowest Job Vacancies in Six Years
VDAB records lowest monthly job vacancies since May 2020 as Flemish labor market cools, with 13% fewer offers over the past year.
—4 min read
Economy
China's July Inflation Cools as Imports Outpace Exports
China's July CPI rose 0.5% as import growth outpaced exports by 8 percentage points in the first seven months, signaling shifting trade dynamics.
—6 min read
InfrastructureEconomy
Pinglu Canal Completes First Full-Length Navigation Cruise
China's Pinglu Canal completes its first full-length navigation cruise, a key milestone ahead of the September opening reshaping southwest trade.
—5 min read
EconomyTravel
China Domestic Tourism Hits 3.46B Trips in H1 2026
China's domestic tourism recorded 3.463 billion trips in H1 2026, up 5.4% year-on-year, with spending reaching 3.21 trillion yuan.
—4 min read
EconomySociety
Village Horse Racing Drives Rural Revitalization in China
Guizhou's village horse racing transforms rural economies, converting online traffic into lasting visitor retention and boosting the night economy.
—4 min read
EconomyTourism
Flanders Sets Tourism Record with 28.8M Overnight Stays
Flanders recorded 28.8 million overnight stays in 2025, a 2% increase over 2024, cementing its status as a premier European holiday destination.
—4 min read
PoliticsEconomy
Tribal Gaming Watchdog Paralyzed Without Chairperson
The NIGC can't enforce laws for the $46B tribal gambling industry without a chairperson, stalling deals and raising oversight concerns.
—6 min read
EnergyEconomy
China's Electricity Load Hits Record High Again This Summer
China's electricity load hit a record 1.557 billion kW on August 7, the fourth all-time high this summer amid heatwaves and economic growth.
—6 min read
Real EstateEconomy
Beijing Cuts Homebuying Threshold, Boosts Housing Fund Loans
Beijing cuts homebuying social insurance to 1 year, raises housing fund loan caps to 3.4M yuan, and relaxes gift rules in market stabilization push.
—5 min read
EconomyTrade
China's Foreign Trade Surges 17.3% in First 7 Months
China's goods trade hit 30.13 trillion yuan in first 7 months, up 17.3%, driven by high-tech exports, green products, and balanced import growth.
—6 min read
International TradeEconomy
US Imposes Tariffs, Price Floors on Polysilicon Imports
Trump signs Section 232 proclamation imposing 15% tariffs and minimum import prices on polysilicon and derivatives, reshaping global solar supply chains.
—5 min read
FinanceEconomy
China Issues 15B Yuan Bonds in Hong Kong for RMB Push
China's 15 billion yuan bond issuance in Hong Kong drew 4.67x oversubscription, advancing RMB internationalization and Hong Kong's financial hub role.
—5 min read
EconomyChina
China's Fiscal Stability Supports Economic Growth Momentum
China's H1 2026 fiscal revenue grew 4.7% to 12.1 trillion yuan, with tax revenue up 5.3%, supporting economic recovery and growth momentum.
—7 min read
EconomyInvestment
Foreign Institutions Bullish on China's Economy
Foreign institutions remain confident in China's economy, citing innovation-led growth, AI advances, and manufacturing strengths as key drivers.
—4 min read
EconomyIndustrial Transformation
China's Traditional Industries Transform Under New Plan
China's traditional industries, over 80% of manufacturing, are transforming through innovation and green development under the new plan.
—6 min read
TechnologyEconomy
China's Data Production Hits 52.26 Zettabytes in 2025
China's annual data production reached 52.26 zettabytes in 2025, up 27.28% year-on-year, cementing its position as a global data economy leader.
—6 min read
Economy
China's Trade Tops 30 Trillion Yuan Amid Economic Resilience
China's goods trade surpassed 30 trillion yuan in early 2026, up 17.3%, as fiscal stability and foreign confidence signal economic resilience.
—6 min read
International TradeEconomy
US Imposes Tariffs, Price Floors on Polysilicon Imports
Trump signs order imposing 15% tariffs and minimum import prices on polysilicon derivatives, targeting China's dominance in solar supply chain.
—6 min read
EconomyChina
China's Traditional Industries Transform in New Plan
China's traditional industries are modernizing through tech innovation, digital transformation, and green upgrades in the 15th Five-Year Plan.
—6 min read
Economy
China's Fiscal Operations Support Economic Growth
China's H1 2026 fiscal revenue grew 4.7% year-on-year, supporting economic recovery through proactive fiscal policy and fiscal-financial coordination.
—4 min read
EconomyChina
Foreign Institutions Back China's Economy on Innovation
Foreign institutions express confidence in China's economy, citing innovation and new growth drivers as key factors.
—6 min read
TechnologyEconomy
China's AI Video Models Race Toward Commercialization
Chinese AI video firms raise $4.2B in three months as sector shifts from concept-driven funding to commercialization substance pricing.
—6 min read
EconomyEmployment
Belgian Graduates Struggle to Land Permanent Jobs
New data shows 20% fewer young Belgians under 25 secure permanent jobs in their first year, as economic stagnation and AI reshape the labor market.
—6 min read
Economy
US Employers Cut 23,000 Jobs Amid Iran War Strain
US employers unexpectedly cut 23,000 jobs in July amid Iran war strain, while unemployment dipped to 4.1% as workers left the labor market.
—5 min read
EconomyReal Estate
Million-Dollar Homes Redefine Luxury Across America
The million-dollar home is becoming surprisingly normal across America as a boom in high-end real estate redefines what constitutes luxury housing.
—6 min read
EconomyTourism
Foreign Tourists Fuel 'Reverse Cross-Border Shopping' Boom
Foreign tourists flock to China to shop, driving a 'reverse cross-border shopping' boom fueled by visa-free policies and tax refunds.
—6 min read
Economy
China's H1 Gold Output Falls 14.6%, Consumption Rises
China's H1 gold production fell 14.62% while consumption rose 1.23%, driven by mine safety inspections and a shift toward investment-grade gold.
—4 min read
EconomyInternational
Elon Musk's Fortune Nearly Halves as $646B Evaporates
Elon Musk's fortune dropped by $646 billion in six weeks after SpaceX's post-IPO stock collapse, nearly halving his wealth to $684 billion.
—5 min read
InfrastructureEconomy
Belgium, Netherlands Commission Brabo III Power Line
Belgium and the Netherlands officially commission the Brabo III high-voltage line in Antwerp, boosting cross-border electricity capacity by 30 percent.
—4 min read
EconomyPolitics
Trump Admin Refunds $100B in Tariffs Struck Down by Court
The Trump administration has refunded $100 billion in tariffs struck down by the Supreme Court, with billions more pending review.
—5 min read
Economy
Mortgage Rates Rise 5th Straight Week to 6.69%
Average 30-year U.S. mortgage rate rose to 6.69%, the fifth straight weekly increase and highest since July 2025, as Iran war pushes up yields.
—6 min read
TechnologyEconomy
Labor Shortage Chokes AI Data Center Construction
US faces 58,000-worker fiber-optic shortfall and 340,000 unfilled data center positions as skilled trades labor shortage stalls AI infrastructure buildout.
—6 min read
EconomyMarkets
US Stocks Edge Lower as Oil Prices Rise, Earnings Roll In
US stocks slipped from recent records as rising oil prices, mixed earnings, and Iran-Oman Hormuz talks weighed on Wall Street. July jobs report due Friday.
—5 min read
Economy
'Treat Yourself' Economy: Americans Choose Small Luxuries
Americans are carving out room for small luxuries despite economic pressures, fueling a 'treat yourself' economy with record movie attendance.
—4 min read
EconomyPolicy
China's 15th Five-Year Plans Center on Daily Life
China's 15th Five-Year special plans target daily necessities, consumption growth, and livelihood improvements across tourism, sports, health, and more.
—6 min read
TechnologyEconomy
China's AI Industry Map Emerges Across 31 Provinces
China's AI industry spans all 31 provinces with a gradient pattern as regions specialize in chips, optoelectronics, and computing infrastructure.
—6 min read
Economy
China's Provincial Reports Show Solid '15th Five-Year' Start
All 31 Chinese provinces posted positive GDP growth in H1 2026, marking a solid start to the '15th Five-Year' plan with new quality productive forces.
—6 min read
ConstructionEconomy
China's Prefab Housing Boom: Factory-Built Homes Surge
China's prefabricated housing industry is surging as construction shifts from on-site building to factory manufacturing, with exports tripling in a decade.
—6 min read
Economy
China's July Logistics Index at 50.4%, Still Expanding
China's July logistics index at 50.4% keeps sector in expansion for third straight month despite seasonal pressures.
—4 min read
TechnologyEconomy
China's Low-Altitude Economy Faces Supply Chain Test
China's low-altitude economy has reached 1.5 trillion yuan, but core component domestic production below 30% threatens long-term sustainability.
—7 min read
Economy
Belgian Tax Authority Sends 190,000 Erroneous VAT Reminders
Belgium's tax authority sent 190,000 erroneous VAT reminders to businesses that had already paid, sparking confusion and legal threats.
—5 min read
Economy
Americans Turn to Small Luxuries as Prices Keep Rising
The 'lipstick effect' is reshaping American spending as consumers shift to affordable indulgences amid inflation and economic uncertainty.
—4 min read
LawEconomy
Guangdong Enacts Landmark Consumer Protection Legislation
Guangdong enacts landmark consumer protection laws targeting big data price discrimination, elderly fraud, prepaid scams, and cross-border disputes.
—6 min read
EconomyEnergy
China Unveils New Power System Blueprint, Trillions in Play
China's new power system plan targets 50% non-fossil generation by 2030, unlocking 20+ trillion yuan in energy investment.
—7 min read
TechnologyEconomy
China's AI Industry Surges Past 1.2 Trillion Yuan
China's AI core industry surpassed 1.2 trillion yuan in 2025 with 30% growth, as open-source models and AI agents drive explosive expansion.
—8 min read
TechnologyEconomy
AI Token Pricing: The New 'Water and Electricity'
As AI tokens become the currency of the intelligent era, China debates standardized pricing and transparent billing for the digital resource powering AI.
—6 min read
EconomyRegulation
China Regions Tighten Life Insurance 'Dual Recording' Rules
Chinese regions refine 'dual recording' rules for life insurance, requiring audio-video documentation of sales to protect consumers.
—5 min read
Economy
Shandong Ports Become Supply Chain Hubs for Key Industries
Shandong is transforming ports into supply chain service platforms, cutting logistics costs and boosting export competitiveness across key industries.
—6 min read
EconomyTechnology
China's Synthetic Diamond Exports Surge 65% Globally
China's synthetic diamond exports through the Shanghai Diamond Exchange surged 65.3% in H1 2026, cementing its global leadership in lab-grown diamonds.
—6 min read
EconomyTechnology
China's Auto City Embraces Methanol-Electric Green Tech
Shanghai's Jiading District is pioneering methanol-electric commercial vehicles, creating a replicable green energy model for China's automotive industry.
—6 min read
EconomyTechnology
AI Boom Sparks High-End PCB Order Surge, Chain Ripple
High-end circuit board orders surge as AI computing power demand ripples through hardware supply chains, boosting metals and materials industries.
—6 min read
SocietyEconomy
China's Property Firms Shift Toward People-Centered Services
China's property firms are expanding beyond building maintenance into elderly care, housekeeping, and community services.
—5 min read
EconomyRegulation
China Cracks Down on Malicious Enterprise Information Hype
China's cyberspace regulator exposes typical cases from its campaign against malicious hype of enterprise information.
—6 min read
Economy
Belgian Energy Prices Surge for 60% of Households in August
Energy prices for August rise significantly for 60% of Belgian households as Middle East tensions drive up gas costs, adding pressure on families.
—4 min read
Economy
Belgian Fuel Prices Drop, Netherlands Gap Hits 70 Cents
Belgium's FOD Economie announces fuel price drops effective Wednesday, with the gap versus the Netherlands widening to over 70 cents per liter.
—4 min read
DefenseEconomy
US Firms Race to Break China's Grip on Weapons Minerals
US companies scale up rare earth production to break China's grip on critical minerals for weapons amid Iran war depletion and new Pentagon sourcing rules.
—7 min read
Economy
US Job Openings Slip to 7.4M, Labor Market Resilient
US job openings fell to 7.36 million in June, but the labor market remains resilient amid the Iran war and Hormuz closure, with layoffs staying low.
—5 min read
Culture & MediaEconomy
Thailand's IP Goes Global: The 'Traffic Password' Explained
Thai IP like Butter Bear, CRYBABY and Moo Deng are conquering global markets. Here's the 'traffic password' behind Thailand's cultural export boom.
—6 min read
International PoliticsEconomy
US, Iran Signal Possible Talks as Oil Prices Drop Sharply
Trump announces US-Iran negotiations as oil prices fall sharply, while Iran discusses new Strait of Hormuz shipping routes with Oman.
—6 min read
EconomyInternational
Japan, US Confirm Rare Joint Forex Intervention
Japan and the US confirm a rare coordinated yen-buying intervention, the first joint action in 15 years, signaling more may follow.
—6 min read
Economy
China Maps Out H2 Policy Priorities: Domestic Demand Key
China's NDRC outlines H2 2026 macro policy priorities focused on expanding domestic demand through consumption, investment, and emerging industries.
—5 min read
Economy
PBOC Signals Flexibility in Adjusting Monetary Policy Tools
China's central bank pledges comprehensive use and timely adjustment of monetary policy tools, signaling readiness for further easing.
—4 min read
FinanceEconomy
China's SAFE to Expand Institutional Opening in Forex Sector
China's SAFE will steadily expand institutional opening in the forex sector, supporting yuan internationalization and cross-border trade facilitation.
—4 min read
Economy
China Issues First Cross-Border Tax Industry Guidance
China's tax authority issues its first cross-border tax industry guidance for international transport, enhancing compliance clarity for global businesses.
—4 min read
Economy
China's Marine Economy Hits 5.5 Trillion Yuan in H1 2026
China's marine economy hit 5.5 trillion yuan in H1 2026, up 5.1%, outpacing GDP growth as shipbuilding and offshore engineering lead expansion.
—5 min read
LegalEconomy
China's Top Court Issues Landmark Platform Economy Rulings
China's top court released 5 typical cases regulating platform operations and protecting consumer rights in the digital economy.
—6 min read
Economy
China Seizes Summer Window to Boost Experiential Consumption
China's summer experiential consumption boom shows 28.3% growth in immersive arts sales, driven by new policy frameworks and cultural tourism initiatives.
—6 min read
FinanceEconomy
CSRC Unveils Plan to Boost Chinese Assets Globally
CSRC launches 10 measures to enhance Chinese indices and assets globally, as Hong Kong debuts the world's first offshore RMB treasury bond futures.
—5 min read
Economy
Xuzhou's New Consumer Scenes Draw Repeat Visitors
Xuzhou, Jiangsu is transforming cultural heritage into immersive consumer experiences, driving repeat tourism and regional economic growth.
—6 min read
EconomyTechnology
Overseas Chinese Businesses Seize China's AI Opportunities
Overseas Chinese enterprises leverage China's AI ecosystem to bridge domestic technology with global markets after the 2026 World AI Conference.
—5 min read
Economy
Belgium's Titres-Services Lose 3,000 Jobs in One Year
Belgium's titres-services system lost nearly 3,000 household help jobs in one year as price hikes, tax deduction cuts, and teleworking reshape the sector.
—5 min read
PoliticsEconomy
Former State Grid Chairman Under Anti-Graft Investigation
Former State Grid chairman Xin Baoan faces anti-graft probe, marking latest escalation in China's power sector corruption crackdown.
—5 min read
International Relations & TradeEconomy
US Defense Industry Decouples from China's Rare Earths
Trump's Executive Order 14415 mandates US defense contractors phase out Chinese rare earths by 2027, despite domestic supply gaps.
—6 min read
EconomyChina
China's Housing Market Enters Stock Era
China's housing market enters the stock era as cities deploy tailored strategies to absorb and revitalize existing housing inventory.
—7 min read
Social PolicyEconomy
China Expands Housing Fund to Cover Gig Workers
China's State Council approves housing fund reform letting gig workers voluntarily contribute, expanding coverage and usage.
—5 min read
EconomySocial Policy
China's Gig Workers Push Back on Social Security Law
Chinese gig workers resist proposed e-commerce law revisions expanding social security, demanding higher pay and safer conditions instead.
—4 min read
TechnologyEconomy
China's Storage, Semiconductor Sector Sees Historic Growth
China's storage and semiconductor sector sees explosive growth, marking a historic shift from 'following' to 'running alongside' global leaders.
—5 min read
EconomyTechnology
China Enforces CCC Certification for EV Charging Piles
China's mandatory CCC certification for EV charging piles took effect August 1, requiring all charging supply equipment to meet safety standards.
—5 min read
TechnologyEconomy
Shanghai Builds Global Science and Technology Innovation Hub
Shanghai is building a global science and technology innovation hub through basic research, technology transfer, and regional collaboration.
—6 min read
EconomyTravel
China's Railway Summer Travel Surges Past 430 Million
China's railway carried 432 million passengers in the first month of summer travel, with tourism trains driving consumption and new capacity.
—4 min read
EconomyTrade
China's Air Cargo Trade Surges 46.39% on E-commerce Boom
China's air cargo trade grew 46.39% in H1 2026, driven by bulk cargo and cross-border e-commerce synergy, with new routes from Jiaxing and Yiwu.
—5 min read
EconomyDemographics
China's Silver Economy Expands with New Service Options
China's silver economy expands as Harbin hosts forum on elderly care innovation, unveiling smart care plans and health tourism routes for seniors.
—6 min read
EconomySports
Sports Events Drive Consumer Spending Across China
From motorboat racing in Shandong to basketball in Guangdong, sports events are fueling diverse consumer spending across China.
—5 min read
TourismEconomy
China's Inbound Tourism Enters Immersive Experience 2.0 Era
China's inbound tourism shifts from sightseeing to immersive experiences as visa-free policies drive record foreign arrivals across the country.
—5 min read
International FinanceEconomy
Central Bank Gold Buying Surges 62% Signals De-Dollarization
Global central banks bought a record 289 tonnes of gold in Q2 2026, up 62% year-over-year, signaling a structural shift away from dollar reserves.
—5 min read
InternationalEconomy
Belgium, China, US Battle Over Congo's 'Snail Mountain'
Belgium's state guarantee for Umicore's germanium deal in Congo reveals a geopolitical struggle over critical minerals involving China and the US.
—6 min read
PoliticsEconomy
Li Qiang Chairs State Council Meeting on Key National Work
Chinese Premier Li Qiang chairs a State Council meeting on economy, infrastructure, health, housing and nuclear power.
—5 min read
TradeEconomy
Chinese Buyers Acquire 840,000 Tons of US Soybeans
Chinese government buyers purchased at least 840,000 tons of US soybeans for autumn shipment under the US-China agricultural trade deal.
—3 min read
HealthEconomy
China expands drug procurement with 65 new medicines
China's 12th national drug procurement round adds 65 medicines, easing patient costs while introducing new rules to curb extreme price cuts.
—4 min read
TradeEconomy
China-Uzbekistan AEO Mutual Recognition Deal Takes Effect
China and Uzbekistan's AEO mutual recognition arrangement took effect Aug 1, cutting clearance times and helping firms expand into Central Asia.
—4 min read
EconomyPolitics
China H2 Economy: Experts See Supportive Policy Signals
Economists say China's H2 policy signals point to stronger fiscal-monetary coordination and domestic demand support after the July 30 Politburo meeting.
—5 min read
EnergyEconomy
China's Coal Power Share Falls Below 50% for First Time
China's coal-fired power share fell to 49.7% in H1 2026 — the first time below 50% — as renewables hit a record 41.2% of generation.
—4 min read
Economy
China's 31 Provinces Post Resilient H1 GDP Growth
All 31 Chinese regions posted positive H1 GDP growth; 15 beat the national average as central and western provinces narrow the gap.
—5 min read
Economy
China PMI Slips to 49.2; High-Tech Manufacturing Expands
China's manufacturing PMI fell to 49.2 in July, but high-tech manufacturing PMI hit 53.3, underscoring the shift toward high-end, intelligent production.
—4 min read
PoliticsEconomy
Former State Grid Chairman Under Anti-Graft Investigation
China's top anti-graft agency is investigating Xin Baoan, former chairman of State Grid, in a deepening crackdown on the energy sector.
—4 min read
TradeEconomy
China-Europe freight rail tops 130,000 trips
China-Europe Railway Express passes 130,000 trips and US$520 billion in cargo value, capping a decade of growth across Eurasia.
—4 min read
InfrastructureEconomy
Xiongan-Shangqiu HSR Enters Trial Operation
The Xiongan-Shangqiu high-speed railway's Hebei section began trial operation Aug 1, the final stage before the 552-km line opens to traffic.
—4 min read
InfrastructureEconomy
Guangzhou-Shenzhen intercity railway opens in full
Guangzhou-Shenzhen intercity railway fully opens, linking Baiyun and Bao'an airports and boosting Greater Bay Area rail connectivity.
—4 min read
PoliticsEconomy
China's Politburo Sets October Plenum, New Economic Push
China's Politburo set the 5th Plenum for October and pledged bolder fiscal-monetary policy, acknowledging growing economic headwinds.
—5 min read
DiplomacyEconomy
China Raises Trade Concerns in US Call as Summit Nears
He Lifeng voiced 'serious concern' over US trade restrictions in a call with Bessent and Greer ahead of the September Xi-Trump summit.
—4 min read
Economy
China's 'Three-New' Economy Reaches 18.39% of GDP in 2025
China's 'three-new' economy hit 25.79 trillion yuan in 2025, accounting for 18.39% of GDP, up 0.38 points as new-growth sectors outpaced the economy.
—4 min read
EconomyChina
China Says 755B Yuan Budget Investment Basically Allocated
China's top planner says 755 billion yuan in central budgetary investment is basically fully allocated, with a focus on livelihoods and disaster relief
—4 min read
PoliticsEconomy
Former Minmetals GM Guo Wenqing Surrenders to Authorities
Former China Minmetals GM Guo Wenqing voluntarily surrendered to authorities and is under investigation for alleged discipline violations.
—4 min read
Economy
Belgium: Notice Period Falls to One Week, Gas Costs Rise
Belgium's August 1 changes: notice periods drop to one week for new contracts, gas excise duties rise, and minimum wage climbs to 2,233.61 euros.
—4 min read
Economy
Contract Terminations Surge Among Young Workers in Belgium
Early contract terminations are rising sharply among young Belgian employees, as new data and a shorter notice-period rule raise job-stability concerns.
—4 min read
EconomyFinance
China's New Personal Loan Rules Mandate Full Cost Disclosure
Starting August 1, China requires all lenders to disclose comprehensive financing costs to borrowers, ending opaque pricing in the personal loan market.
—5 min read
Economy
China Issues 3 New Standards for Online Home Services
China's SAMR released three national standards regulating online home services to improve quality and consumer protection in the trillion-yuan market.
—4 min read
CultureEconomy
China's Inbound Tourism Booms on Visa-Free, Cultural Appeal
China's inbound tourism surges with 22.9M H1 2026 visitors, driven by visa-free policies and Chinamaxxing trend as foreigners embrace local culture.
—4 min read
EconomyTechnology
Chinese Auto Exports Enter Global 'Deep Water Zone'
Chinese auto exports shift from simple sales to deep local integration, pursuing local production and brand building amid global regulatory challenges.
—4 min read
Economy
Extending China's Housing Fund Loans: Relief for Homeowners
Chinese cities roll out housing provident fund loan extensions, allowing borrowers to reduce monthly payments. At least 42 cities have adopted the policy.
—4 min read
EconomyTechnology
Robots, AI, and Innovative Drugs Lead China's Export Push
China's exports shift from EVs to robots, AI, and innovative drugs. The 'New New Three' reshape global trade amid rising US-China tech tensions.
—6 min read
Economy
Orchard to Table: Malaysia's Durian Diplomacy with China
Malaysian durians reach Chinese consumers in 24 hours as the 'King of Fruits' trade deepens economic ties between the two nations.
—5 min read
EconomyHousing
Homeowner-Renter Wealth Gap at Record as Millions Priced Out
The wealth gap between homeowners and renters has reached a record high, with home prices surging 50% in six years, locking millions out of homeownership.
—5 min read
EconomyPolitics
US Economy Grows at Sluggish 1.5% as Inflation Persists
US GDP grew just 1.5% in Q2 2026 as consumer spending surged. Inflation stayed stubbornly high at 3.7%, complicating the Fed's path ahead of midterms.
—6 min read
EconomyPersonal Finance
Personal Bankruptcy Filings Jump 48% as Pressures Mount
Personal bankruptcy filings surged 48% from 2022 to 2025 as credit card debt and medical costs drive more Americans into financial distress.
—6 min read
BusinessEconomy
Uncertain Trade Future Rattles Texas Businesses
Trump's USMCA non-renewal has thrown Texas businesses into uncertainty, with $350B in trade at risk and new tariffs compounding the pressure.
—5 min read
PoliticsEconomy
Trump Touts Tariffs in Michigan; Costs Worry His Supporters
Trump rallied in Michigan to promote tariffs, as data shows 8,300 jobs lost and rising costs worry his own supporters ahead of the primary.
—6 min read
EconomyEnergy
China Solar Output Up 40% as Industry Nears Historic Shift
China's solar generation surged 40% in H1 as capacity nears overtaking coal. Industry faces overcapacity, plunging installations and heavy losses.
—4 min read
Economy
China's H1 Logistics Hits 181.1 Trillion Yuan, Outpacing GDP
China's H1 social logistics hit 181.1 trillion yuan, up 5.1% YoY, outpacing GDP as high-tech manufacturing transforms supply chains.
—4 min read
EconomyTechnology
China's High-Value Patent Holdings Reach 2.36 Million
China's high-value invention patents hit 2.36 million, with per capita holdings at 16.8 per 10,000, signaling continued IP innovation progress.
—5 min read
EconomyChina
China H1 2026 Economy: 4.7% Growth as New Drivers Emerge
China's H1 2026 GDP reached 69.6 trillion yuan, growing 4.7% as new economy drivers contributed over 40% of growth, per the China Economic Roundtable.
—5 min read
PoliticsEconomy
52 Belgian Government Buildings Sit Empty, Costing Millions
An investigation reveals 52 Belgian government buildings have been vacant for over a year, costing taxpayers millions in maintenance and lost revenue.
—4 min read
EconomyEnergy
Belgium's Energy Excise Reform Takes Effect August 1
Belgium's energy excise reform shifting taxes from electricity to fossil fuels takes effect August 1. See how it impacts household bills.
—4 min read
EconomyBusiness
South Korea's KOSPI Triggers Consecutive Circuit Breakers
South Korea's KOSPI fell 10.59%, triggering its second straight circuit breaker in historic selloff driven by semiconductor fears and chip sector turmoil.
—5 min read
Economy
Belgian Economy Flatlines with First Zero Growth Since COVID
Belgium's economy recorded zero growth in Q2 2026 as industry and construction contracted. The National Bank warns of fiscal challenges ahead.
—4 min read
BusinessEconomy
Fed Holds Rates Steady as Warsh Signals Caution on Hikes
The Federal Reserve held rates at 3.50%-3.75% as Chair Kevin Warsh balanced cooling inflation against risks from the Iran conflict and rising oil prices.
—6 min read
BusinessEconomy
Trump Tariffs Push Some Companies Back to China
Trump's tariffs were meant to reduce reliance on China, but some companies are returning as economic logic still favors the world's factory floor.
—5 min read
EconomyInfrastructure
China-Europe Railway Express Hits 130,000 Trips Milestone
China's NDRC announces the China-Europe Railway Express has surpassed 130,000 trips and $520 billion in cargo value, a flagship BRI milestone.
—3 min read
EconomyAntitrust
China Fines Trip.com $765M in Landmark Antitrust Case
China fines Trip.com $765M for antitrust violations, forcing hotels into exclusive deals and manipulating room prices in landmark platform economy case.
—5 min read
TravelEconomy
China Becomes Top Summer Destination as Tourism Surges
China's inbound tourism surges 20.4% with 22.91M visits in H1 2026. Visa-free policies and diverse cultural offerings drive summer travel boom.
—5 min read
Economy
China's Tax Revenue Tops 10 Trillion Yuan in H1 2026
China's tax revenue topped 10 trillion yuan in H1 2026, up 4.9% YoY. Over 100 million taxpayers received 150 billion yuan in refunds.
—4 min read
TechnologyEconomy
Could AI Tokens Become the 'Kilowatt-Hour' of the AI Age?
Economists propose AI tokens as a standard unit for tracking AI's spread through the economy, similar to how kilowatt-hours measure electricity.
—6 min read
EconomyPolitics
Consumer Confidence Falls on Iran-Driven Gas Price Hike
American consumer confidence fell to 90.8 in July as the Iran conflict pushed gas prices back up to $4.10, raising fresh inflation and political concerns.
—4 min read
EconomyUS Politics
Fed Chair Warsh Under Pressure as Inflation Test Looms
Fed Chair Warsh faces a critical test at the July FOMC meeting as persistent inflation and Iran-driven gas prices test his anti-inflation rhetoric.
—6 min read
EconomyTechnology
New Energy Vehicles Drive Deep Transformation in Rural China
China's new energy vehicle rural campaign is reshaping the countryside with 155 models, expanding charging networks, and driving economic transformation.
—5 min read
PoliticsEconomy
China Toughens Insider Trading Laws in Landmark Overhaul
China's top courts issue landmark insider trading overhaul — first revision in 14 years tightens defenses and expands criminal liability.
—5 min read
SportsEconomy
China Unveils 15th Five-Year Plan to Build Sports Powerhouse
China unveils historic 15th Five-Year Plan for sports powerhouse, targeting 7 trillion yuan industry and 40% exercise participation by 2030.
—5 min read
EconomyTechnology
China's Cold Chain Innovation: Fresher, Cheaper Durians
China's cold chain innovation makes imported durians 30% cheaper and fresher than ever, with rail transit under 3 days and green logistics cutting costs.
—5 min read
EducationEconomy
Vocational Education in China Sees Record Enrollment Surge
China's vocational schools see record enrollment as they align curricula with AI, robotics, and emerging industries, reflecting a major career shift.
—4 min read
EconomyEnergy
Perfect Storm: New European Gas Crisis Threatens
Converging threats including the US-Iran war, low gas storage, and Asia-LNG competition risk a severe European energy crisis this winter.
—4 min read
EconomyPolicy
Belgium to Charge Firms for Consumer Complaints
Belgian firms pay EUR 250-500 per consumer complaint to the Ombudsman starting Jan 2027. New rules phase out subsidies, saving the state EUR 550K yearly.
—4 min read
EconomyChina
China's Industrial Profits Surge 18.7% in H1 2026 on AI Boom
China's industrial profits jumped 18.7% in H1 2026, led by electronics surging 96.9% on AI demand, while steel and autos lagged amid structural shifts.
—4 min read
EconomyUnited States
Grocery Prices Jump 33%, Reshaping How Americans Shop
Grocery prices have risen 33% since 2019—the biggest jump in 50 years—forcing Americans to change how they shop, eat, and budget for food.
—7 min read
Economy
First-Time Homebuyers Hit Record Low, Median Age Hits 40
First-time homebuyer share falls to record-low 21% as median age hits 40, signaling mounting barriers to homeownership and the fading American Dream.
—4 min read
PoliticsEconomy
Trump in Michigan: Defending Economic Policies Amid Tariffs
President Trump visits Michigan to promote his economic policies as new 50% Canadian tariffs threaten the state's auto industry and manufacturing sector.
—5 min read
EconomyPolitics
Trump's Tariffs: 5 Implications for the US Economy
President Trump's permanent tariffs on 80+ countries add $1,100 in annual household costs. Here are five implications as court battles continue.
—4 min read
TechnologyEconomy
OpenAI's $20B Georgia Data Center: Promise and Backlash
OpenAI's $20B Project Camellia data center in Georgia brings jobs and innovation, but faces community backlash over secrecy and water concerns.
—6 min read
BusinessEconomy
Cracker Barrel CEO Steps Down After $700M Rebrand Backlash
Cracker Barrel CEO Julie Masino steps down after a failed $700M rebrand sparked backlash from customers and Trump. Industry veteran David Deno takes over.
—4 min read
EconomyChina
China Trade-In Sales Top 1.25 Trillion Yuan in 2026
China's consumer trade-in program drove 1.25 trillion yuan in sales in 2026, benefiting 169M people as Beijing boosts consumption and green transition.
—6 min read
EconomyTechnology
China's New Energy Heavy Truck Sales Surge 78.6% in H1 2026
China's NEV heavy truck sales hit ~140k units in H1 2026, up 78.6% YoY, driven by 220B yuan in subsidies and rapid infrastructure buildout.
—4 min read
Economy
China's H1 Macro Policies Bolster High-Quality Growth
China's GDP grew 4.7% in H1 2026 as proactive fiscal and monetary policies solidified the foundation for high-quality development, Xinhua reports.
—5 min read
PoliticsEconomy
China Deepens Budget Transparency With Performance Reforms
China's 96 central departments published 2025 final accounts, marking 16 years of budget transparency with stronger performance focus.
—4 min read
EconomyEducation
Record 392,000 Flemish Students Working This Summer
A record 392,000 Flemish students worked in 2025, earning €1.35B. See data per municipality, best sectors, and the shift to year-round work.
—4 min read
PoliticsEconomy
Trump's New Tariffs: Forced Labor Crackdown or Power Grab?
Trump's Section 301 tariffs on 60 nations spark debate over forced labor crackdown versus executive power grab.
—5 min read
EconomyPolitics
Flat-Rate COLA Could Cut Social Security Shortfall in Half
A proposed flat-rate COLA for Social Security could close 50% of the program's 75-year funding gap while protecting low-income retirees from benefit cuts.
—5 min read
EconomyPolitics
Trump's Tariffs: 5 Key Implications for the US Economy
Trump's new tariffs take effect, driving up household costs, complicating Fed policy, and straining global trade. Here are five key implications.
—4 min read
EconomyInvestment
Foreign Capital in China Surges as High-Tech FDI Hits Record
China attracted $55.6 billion in FDI in H1 2026, with high-tech investment reaching a record 42.4% share as nearly 4,800 foreign firms expanded operations.
—5 min read
PoliticsEconomy
People's Daily Urges Tailored High-Quality Development Paths
People's Daily urges regions to forge high-quality development paths suited to local conditions, citing Yiwu's success as a model for tailored growth.
—5 min read
EconomyChina
China's Trade-In Program Sales Drop as Stimulus Effect Fades
China's trade-in program generated 1.1 trillion yuan in H1 2026, down 31% from last year, as stimulus fatigue sets in and retail sales contract.
—5 min read
PoliticsEconomy
Minister's Blunder Exposes Secret Airport Subsidy Deal
Flemish Minister De Ridder accidentally shared a confidential deal guaranteeing airport subsidies until 2039, sparking political outrage.
—5 min read
PoliticsEconomy
Secret Airport Subsidy Deal Exposed by Security Lapse
A confidential deal guaranteeing airport subsidies until 2039 was accidentally shared with Flemish MPs, triggering a political crisis over transparency.
—4 min read
EconomyTrade
European Cut Diamonds Exempted from US Tariffs Again
European cut diamonds have been re-exempted from US import tariffs after a six-month 10% surcharge, providing major relief for Antwerp's diamond sector.
—4 min read
EconomyEurope
ECB Asks Europeans to Vote on New Euro Banknote Designs
The ECB unveils ten shortlisted designs for new euro banknotes, featuring Marie Curie, Beethoven and storks. Public voting is open until 21 September.
—5 min read
Economy
10-Year Treasury Yield Hits Highest Under Trump Second Term
Treasury yield hit 4.7%, highest under Trump, as oil topped $100 on Iran war fears, reigniting inflation and pushing mortgage rates higher.
—5 min read
EconomyPolitics
Trump Imposes New Tariffs Amid Iran War, Threatening Economy
Trump's new 10-12.5% tariffs on 60 nations took effect July 24. The Iran war compounds pressures on an already resilient U.S. economy.
—5 min read
Economy
China H1 2026: SOE Profits 1.4T, Shipbuilding Records
China's H1 2026 data: SOE profits hit 1.4 trillion yuan, shipbuilding records, AI-driven fund rally, while unemployment insurance slips into deficit.
—5 min read
PolicyEconomy
China Unveils 15th Five-Year Plans for Energy, Sports, TCM
China releases 15th Five-Year Plans for renewable energy, sports, TCM and judicial reform, targeting 7 trillion yuan sports industry by 2030.
—4 min read
CultureEconomy
Low-Altitude Expo Opens as China Summer Tourism Booms
Flying taxis, summer tourism boom, new amusement ride safety rules, and WTT China Grand Slam headline China's latest developments.
—4 min read
SocietyEconomy
Heilongjiang Launches Injury Insurance Pilot for Gig Workers
Heilongjiang launches occupational injury insurance for gig workers, covering ride-hailing, delivery, and freight with a per-order enrollment model.
—4 min read
SocietyEconomy
Luoyang Jewelry King Case Suspended After Five Years
Luoyang's 'Jewelry King' Nian Yongan has his trial suspended after five years in detention. His firms illegally raised 22.1 billion RMB.
—5 min read
EconomyChina
China Adds 6.95 Million Urban Jobs in H1 2026
China added 6.95 million urban jobs in H1 2026 with 5.2% unemployment. Stable figures mask deeper shifts as Beijing navigates AI and youth employment.
—5 min read
Economy
China's Unemployment Fund Posts Deficit as Claims Surge
China's unemployment insurance fund recorded a 9.13 billion yuan deficit in 2025 as benefit payments surged 34.2%, straining the social safety net.
—4 min read
EconomyChina
Vanke Secures Funding, Completes 2026 Bond Extensions
China Vanke secures 519M yuan loan from Shenzhen Metro, completing extensions on all 2026 public bonds amid ongoing property sector challenges.
—5 min read
EconomyTechnology
China Mutual Funds Post $287B Profit on AI Stock Rally
Chinese mutual funds swung to 1.94 trillion yuan in Q2 profits as managers abandoned consumer stocks for AI and semiconductor shares.
—4 min read
PoliticsEconomy
Xinhua Analysis Highlights Yiwu Model for County Development
Xinhua analyzes Yiwu's transformation from roadside market to global trade hub, offering lessons for county-level economic development nationwide.
—5 min read
CultureEconomy
China's 'Cool Economy' Turns Summer Heat into Tourism Gold
China's 'cool economy' is transforming summer tourism as cooler regions see record visitors, driving economic growth and rural revitalization.
—4 min read
InternationalEconomy
Houthi Attacks on Saudi Oil Tankers Open New Maritime Front
Yemen's Houthi rebels attacked two Saudi oil tankers in the Red Sea, opening a new front that threatens global oil supplies and energy markets.
—6 min read
Economy
Energy Prices Surge: Oil Above $97, Gas at Peak, Gasoline €2
Oil surges past $97, gas returns to peak levels, and Belgian gasoline approaches €2 per liter as Middle East conflict drives energy costs higher.
—5 min read
AgricultureEconomy
Belgium Has Lost Half Its Farms in Less Than 30 Years
Belgium's farm count has halved from 67,000 to 33,307 since 1997 as consolidation, aging farmers, and succession challenges reshape agriculture.
—5 min read
PoliticsEconomy
Arizona Coalition Cuts Social Security for Half of Savings
Analysis reveals 46% of Belgium's Arizona coalition budget savings come from social security cuts, while deficit reduction targets remain far off.
—4 min read
Economy
200,000 Belgians Didn't File Taxes: Who They Are and Risks
Nearly 200,000 Belgians failed to file tax returns. Young adults and Brussels residents face escalating penalties in a growing compliance crisis.
—4 min read
EnvironmentEconomy
Belgium Recycled Over 90,000 Tons of Used Tires in 2025
Belgium recycled 90,188 tonnes of used tires in 2025, a new record. Recytyre reports zero energy recovery in a model of circular economy leadership.
—5 min read
Economy
Belgium Expands PLCI Pension to Supplementary Self-Employed
Belgium opens PLCI pension to supplementary self-employed with higher contribution rates, boosting retirement security.
—4 min read
PoliticsEconomy
Trump's $2.24B Windfall: Crypto and Foreign Deals Fuel Gain
President Trump earned $2.24 billion in 2025, mostly from cryptocurrency and foreign investments, raising ethics concerns.
—5 min read
PoliticsEconomy
Obama Center Subcontractor Shuts Down, Lays Off 25 Workers
A subcontractor on the Obama Presidential Center laid off 25 workers amid a $4M payment dispute, raising questions about project finances.
—5 min read
BusinessEconomy
Gen Z Fell Out of Love With Work: Reshaping US Workforce
Generation Z is redefining career success, rejecting traditional paths for work-life balance and purpose. Deloitte and BofA data reveal the shift.
—6 min read
SocietyEconomy
Henan Watermelon Farmers Plead for Help as 70 Tons Go Unsold
Two families in Henan face ruin as 70 tons of watermelons sit unsold at 0.2 yuan per jin, with only one week before the crop is lost to spoilage.
—4 min read
TechnologyEconomy
2026 Low-Altitude Economy Expo Opens in Shanghai
China's 2026 International Low-Altitude Economy Expo opens in Shanghai, showcasing 570 aircraft including eVTOL air taxis and drones across 60,000 sqm.
—4 min read
PoliticsEconomy
China Rebuts Taiwan Decoupling Claims with $185B Trade Data
China's Taiwan Affairs Office rebuts DPP claims of reduced China dependence, citing $185B in cross-strait trade for H1 2026 with 22.5% import growth.
—4 min read
Economy
China's H1 2026 Economy: Jobs, Trade, and Investment Surge
China's H1 2026 economy: 6.95M new jobs, record 25.47T yuan trade, surging foreign investment, and domestic robots emerging as a key export.
—5 min read
EconomyFinance
Belgium Rules Out Belfius-Ethias Merger Before Bank Sale
Jan Jambon confirms no merger between Belfius and Ethias before the bank's partial privatization, rejecting MR's push for a Belgian banking champion.
—4 min read
EconomyEnergy
Belgium Diesel Prices Surge as IEA Warns of Fuel Shortage
Diesel prices in Belgium rise 8.5 cents to €2.23/L as the IEA warns of potential gasoline and diesel shortages amid escalating US-Iran hostilities.
—4 min read
EconomyTransportation
Ryanair Slashes Belgium Operations Despite Tax Concession
Ryanair cuts 5 aircraft and 2 million seats in Belgium after the government's aviation tax hike, calling the partial backtrack 'too little, too late'
—4 min read
US PoliticsEconomy
Trump Jr.'s 1789 Capital Cashes In on Proximity to Power
Donald Trump Jr.'s 1789 Capital grew from $200M to $3.5B, as portfolio firms secured $1.6B in federal contracts, raising unprecedented ethics concerns.
—6 min read
US PoliticsEconomy
Trump Accounts Draw 6.5M Sign-Ups, Families Await Baby Bonus
Trump touts Trump Accounts as a success with 6.5M sign-ups, but some families report delays receiving the promised $1,000 for newborns.
—4 min read
EconomyHealth
1 in 4 Americans Stay in Jobs for Health Insurance
A new Gallup survey finds 24% of U.S. workers are staying in jobs they'd leave to keep health insurance, up from 16% in 2021.
—5 min read
EconomyTechnology
AI Lifts Markets and Economy, Raising Risks for Both
AI investment drives US economic growth and stock gains, but record market concentration and $1.4 trillion in AI debt create significant risks.
—5 min read
SocietyEconomy
China Recovers 118B Yuan in Medical Insurance Funds
China recovered 118.2 billion yuan in medical insurance funds during the 14th Five-Year Plan period, using AI-powered monitoring and stricter enforcement.
—4 min read
Economy
China Youth Jobless Rate Falls to 14.9% in June
China's youth unemployment fell for a third straight month to 14.9% in June, but remains above last year's level as graduates enter the workforce.
—5 min read
TechnologyEconomy
China's Intelligent Computing Power Surges 177% Year-on-Year
China's intelligent computing power reached 2,185 EFLOPS by June 2026, a 177% year-on-year surge driven by massive AI infrastructure investments.
—4 min read
Consumer RightsEconomy
15,000 Yuan Ticket Refunded for Just 432 Yuan: Consumer Fury
A Ctrip Black Diamond member paid 15,217 yuan for a Beijing-New York ticket but got only 432 yuan back, sparking debate over refund policies.
—4 min read
Economy
China's 'New Three New Items' Reshape Global Trade Landscape
China's manufacturing exports surge as robots, AI, and innovative drugs become new trade powerhouses, driving H1 2026 foreign trade past 25 trillion yuan.
—6 min read
TechnologyEconomy
Kimi K3 Demand Surge Forces Moonshot AI to Halt New Sign-Ups
Moonshot AI pauses Kimi K3 subscriptions after demand overwhelms GPU capacity, highlighting China's explosive AI growth and market ripple effects.
—5 min read
InfrastructureEconomy
China's Transport Network Surpasses 6 Million km
China's comprehensive transport network exceeds 6 million km with 91% main framework completion, including 50,000 km of high-speed rail and 270 airports.
—4 min read
EconomyTechnology
China Allocates $3 Billion to Scrap Old Trucks, Boost EVs
China commits 22 billion yuan in treasury bonds to scrap old trucks and subsidize new energy heavy vehicle purchases in its green freight push.
—4 min read
TechnologyEconomy
World's First 41,800-Ton Bidirectional Ship Delivered
China delivers the world's first 41,800-ton bidirectional self-sailing ship, setting three world records for the Simandou iron ore project.
—4 min read
Economy
China Unveils 19 Measures for Domestic Service Overhaul
China's nine government departments issue 19 policy measures to standardize pricing, improve training, and professionalize domestic services.
—5 min read
EconomyEnergy
Belgian Households Can Save Up to €700 on Energy This Winter
Belgian consumers have a narrow window to lock in lower energy rates before winter. With price gaps of up to €700, experts urge comparing suppliers now.
—4 min read
PoliticsEconomy
Trump Approval on Economy Plummets, Voters Say System Rigged
Trump's economic approval hits historic lows as 72% of middle-class voters say the system is rigged against them, Fox News Power Rankings show.
—5 min read
TradeEconomy
Trump Imposes 50% Tariffs on Canadian Goods in Trade War
President Trump imposes 50% tariffs on Canadian goods under a 1930s trade law, targeting autos, alcohol and dairy. Canada calls it a USMCA violation.
—5 min read
GovernmentEconomy
Treasury Intercepts $99M in Payments to Deceased Individuals
Treasury intercepts nearly $99M in federal payments to deceased individuals under Trump administration fraud prevention order.
—4 min read
HealthEconomy
China's Medical Insurance Spending Tops 3 Trillion Yuan
China's medical insurance spending surpassed 3 trillion yuan in 2025 as income growth outpaced expenditure, signaling improved fund sustainability.
—5 min read
EconomyTrade
Beijing-Tianjin-Hebei Foreign Trade Hits Record High in H1
Beijing-Tianjin-Hebei region posted record foreign trade of 2.58 trillion yuan in H1 2026, up 16.2%, driven by high-tech exports and private-sector growth.
—5 min read
PoliticsEconomy
Belgium's Summer Agreement: Major Reforms Unveiled
Belgium's Summer Agreement brings flexible working hours, civil service sick day overhaul, airline tax, and stricter football hooliganism laws.
—4 min read
SocietyEconomy
China's 'Recruitment Night Fairs' Gain Popularity Nationwide
China's 'Recruitment Night Fairs' blend job hunting with night market culture as cities nationwide adopt the Employment+ model to boost hiring.
—4 min read
InternationalEconomy
Belgium Bans Israeli Settlement Imports as Oil Hits $90
Belgium bans Israeli settlement imports as oil surges past $90 and Europe faces a critical diesel shortage. EU textile destruction ban also takes effect.
—5 min read
EconomyTechnology
China IC Exports Surge 88.7%; Industrial Output Up 5.4%
China's industrial output grew 5.4% in H1 2026 while IC exports surged 88.7% on AI demand. MIIT data reveals a semiconductor boom and industrial upgrading.
—5 min read
EconomyEnergy
Europe Diesel Crisis: Inventories Head for Multi-Year Lows
Morgan Stanley warns European diesel inventories will hit multi-year lows as Middle East war, Russian export ban, and refining constraints converge.
—4 min read
EconomyEnergy
Oil Prices Surge Past $90 Per Barrel as Tensions Rise
Brent crude rises above $90/barrel for first time since June as renewed US-Iran hostilities disrupt shipping through the Strait of Hormuz.
—4 min read
EconomyPolitics
US Gas Prices Hit $4 Again as Iran War Disrupts Oil Markets
US gas prices hit $4 per gallon as renewed US-Iran fighting disrupts oil shipments through the Strait of Hormuz, squeezing American households.
—4 min read
EconomyEducation
Student Loan Defaults Surge as 9.5 Million Fall Behind
Student loan defaults hit a record high with 9.5 million borrowers in default. Wage garnishment looms as millions face higher payments and damaged credit.
—6 min read
PoliticsEconomy
Behind Trump's $3.47 Gas: An NFL Coach and Two Brothers
An investigation reveals the unlikely coalition behind Trump's Freedom Fuel Network: a Ravens coach, a GOP fundraiser and two New Jersey brothers.
—6 min read
EconomyTechnology
China's High-Tech Manufacturing Booms with Quantum Tech
China's high-tech manufacturing grows 13.3% in H1 2026, Fudan achieves quantum flash memory breakthrough, and foreign trade tops 25 trillion yuan.
—4 min read
Travel & TourismEconomy
China-Laos Railway Drives Summer Cross-Border Tourism Boom
The China-Laos Railway is powering a surge in cross-border summer tourism, with 649,000 passengers in 18 days and a 25.9% year-on-year growth in H1 2026.
—5 min read
EconomyTechnology
China High-Tech Manufacturing Boom: Innovation Accelerates
China's high-tech manufacturing grew 13.3% in H1 2026, driven by breakthroughs in AI, semiconductors, aerospace and pharma.
—6 min read
EconomyTechnology
China to Reinstate Battery Tax, Exempts Next-Gen Tech
China reinstates battery consumption tax on lithium-ion cells while exempting solid-state and sodium-ion batteries through 2028.
—5 min read
PoliticsEconomy
Brussels Summer Deal: Tax Cuts, LEZ Reform, and New Pool
Brussels government announces summer deal: tax cuts, LEZ social reform, new metro trains, and an outdoor pool. A milestone for the seven-party coalition.
—4 min read
EconomyFinance
Spilindex Crossed: 5 Million Belgians Get 2% Wage Rise
Belgium's spilindex has been exceeded, triggering automatic 2% wage increases for over 5 million workers. The centenindex cap now applies.
—4 min read
Culture & EventsEconomy
Tomorrowland Brings Surge in Bookings to Mechelen Hotels
Hotels in Mechelen report near-full occupancy as Tomorrowland kicks off, with 60-70% of rooms booked by international festivalgoers from around the globe.
—4 min read
EconomyTransport
Wallonia Relieved as Embarkation Tax Hike Capped at €7
Belgium abandons plans to raise the embarkation tax to €10, settling on €7 after Wallonia pushed back against the impact on Charleroi Airport.
—4 min read
FinanceEconomy
Belgian Tax Deadline Extended: 5 Tips to Lower Your Bill
With the Belgian tax deadline extended to July 19, experts share five essential tips to minimize your taxes through deductions and credits.
—4 min read
EconomyTrade
China's H1 Economy Shows Resilience Amid Global Headwinds
China's H1 GDP grew 4.7% as the Greater Bay Area hit a 1 trillion yuan trade milestone, foreign investment surged $160B, and oil imports plunged 41.3%.
—6 min read
Social AffairsEconomy
China Housing Market Revives as Shanghai Leads Urban Renewal
China's housing market revives as improved demand surges. Shanghai's 'original demolition and reconstruction' model transforms old neighborhoods.
—5 min read
PoliticsEconomy
Belgium Targets €200M Savings; Tax Advisors Sue Over IT Woes
Belgium launches a Federal Subsidy Register targeting €200M in savings by 2029, as tax advisors put the state on notice over recurring IT failures.
—4 min read
Energy & EnvironmentEconomy
Wallonia Unveils New Energy Renovation Support Scheme
Wallonia's new renovation support regime targets energy-inefficient homes with capped budgets, mandatory audits, and loans up to €75,000.
—4 min read
SocietyEconomy
China Tourism Surges; Courts Handle 21.3M Cases in H1 2026
China reports 22.91M foreign visitors in H1 2026, up 20.4% YoY, driven by visa-free policies. Courts nationwide handled 21.3M cases in active legal system.
—4 min read
TechnologyEconomy
China Daily Chip Output Hits 1.5 Billion, New Drivers Emerge
China's semiconductor output hits 279.8 billion chips in H1 2026, up 23.1% YoY, as high-tech manufacturing and AI demand reshape the economy.
—4 min read
EconomyEnergy
China's Oil Import Slump Signals Deeper Demand Reset
China's crude oil imports plunged 41.3% in June to a near-decade low, driven by the U.S.-Iran war, rapid EV adoption, and strategic reserve management.
—4 min read
EconomyEnergy
Calls Grow for Windfall Tax on Oil Profits Amid Iran War
As oil companies rake in billions from war-driven price spikes, U.S. lawmakers push a windfall profits tax to return excess profits to households.
—5 min read
EconomyBusiness
America's Entrepreneurial Boom Reverses Decades-Long Decline
Americans filed 5.7 million business applications in 2025 as a surge in entrepreneurship reverses a decades-long slump, driven by AI and a weak job market.
—5 min read
PoliticsEconomy
Tax Advisors Take Legal Action Over Belgian IT Failures
Belgian tax advisors issue formal legal notice to the state over recurring IT failures on MyMinfin and Tax-on-web, demanding structural solutions.
—4 min read
EconomyBusiness
Colos Opens Belgium's Largest DIY Store in Machelen
Colos, sister chain of Hubo, opens Belgium's largest DIY store in Machelen with 20,000 m² of space, low prices, and plans for 10-15 locations.
—4 min read
PoliticsEconomy
Belgium Launches Subsidy Register, Targets €200M Savings
Belgium launches a public Federal Subsidy Register tracking €180 billion in allocations, targeting €200M in savings from ineffective subsidies by 2029.
—4 min read
EconomyChina
China's H1 GDP Grows 4.7% as Economy Shows Resilience
China's H1 2026 GDP grew 4.7% to 69.57 trillion yuan, with Q2 at 4.3%. First-tier city housing prices rose for the fourth consecutive month.
—5 min read
LegalEconomy
China Proposes Unified Tax Penalty Standards Nationwide
China proposes unified national tax penalty standards to reduce arbitrary enforcement and ensure consistent treatment for businesses across all regions.
—4 min read
Economy
Russian Diesel Ban Pushes Belgian Fuel to Two-Month High
Russia's diesel export ban, triggered by Ukrainian strikes on refineries, pushes Belgian diesel to €2.145/litre — highest since May 2026.
—4 min read
Consumer ProtectionEconomy
Belgium Mandates Faster Bank Refunds for Phishing Victims
Belgian Minister Rob Beenders proposes legislation forcing banks to reimburse phishing victims within one day, shifting burden of proof to banks.
—4 min read
DefenseEconomy
FN Herstal Wins Landmark French Army Ammunition Contract
FN Herstal wins a 15-year contract to supply 75 million rounds of ammunition per year to the French Army, ending France's 27-year domestic production gap.
—4 min read
EconomyPolitics
Road Vignette to Cost Belgian Businesses 55 Million Euros
Belgium's new road vignette system will cost businesses and commercial van owners an estimated 55 million euros annually, documents reveal.
—5 min read
International ConflictEconomy
US and Iran Trade Strikes for Sixth Day as Diplomacy Hangs
US and Iran escalate attacks for a sixth day, striking near Tehran and in the Strait of Hormuz, as hostage release hints at possible diplomacy.
—6 min read
EconomySocial Policy
Social Security COLA Forecast: 3.8% in 2027
New forecasts project a 3.8% Social Security COLA for 2027, pushing average monthly benefits above $2,000 for the first time amid persistent inflation.
—4 min read
EconomyPolitics
Warsh Vows to Beat Inflation, Defend Fed Independence
Fed Chair Kevin Warsh told Congress inflation won't persist on his watch, announced five task forces, and defended the central bank's independence.
—5 min read
EconomyTrade
China's H1 Trade Surges 16.9% as High-Tech Exports Jump 39%
China's H1 2026 goods trade hit 25.47 trillion yuan, up 16.9% YoY. High-tech exports surged 39%, driven by AI and advanced manufacturing.
—4 min read
EconomyPolicy
China Overhauls Land Reserve System in Landmark Reform
China restructures its 25-year-old land reserve system, shifting from land-centric city management to a model balancing economic and ecological values.
—5 min read
AgricultureEconomy
China's Summer Grain Harvest Hits Record 301.5 Billion kg
China's summer grain harvest reached a record 301.5 billion kg in 2026, overcoming severe autumn floods through technology and policy support.
—4 min read
Real EstateEconomy
China's June Housing Declines Narrow, Signaling Stability
China's June housing data shows narrowing year-on-year price declines across all city tiers, with first-tier cities posting fourth straight monthly gains.
—4 min read
EconomyFinance
PBOC Injects 1.4 Trillion Yuan in Record Repo Operation
China's PBOC conducts record 1.4 trillion yuan 6-month reverse repo, injecting 500 billion yuan net to support banking stability and economic recovery.
—4 min read
SocietyEconomy
China's Skilled Workforce Surpasses 220 Million
China's skilled workforce exceeds 220 million, with high-skilled talent surpassing 72 million, driving industrial upgrading and technological innovation.
—4 min read
EconomyTrade
Yiwu's Rapid Supply Chain Drives Europe Cooling Boom
As a European heatwave drives demand, Yiwu's ultra-fast supply chain delivers fans, cooling towels, and smart devices to consumers across the continent.
—6 min read
EconomyAviation
China's Big Three Airlines Face 7.3B Yuan H1 Losses on Fuel
China's three major airlines expect combined H1 losses of at least 7.3 billion yuan as surging fuel prices driven by Middle East conflict erode profits.
—4 min read
Economy
China's H1 GDP Grows 4.7% as Economy Shows Mixed Signals
China's H1 2026 GDP grew 4.7% year-on-year to 69.57 trillion yuan, with strong exports and high-tech manufacturing offsetting a real estate slump.
—4 min read
EconomyClimate
Belgians Pay 15x More for Gas as Industry Gets Free Quotas
Belgian households pay 15x more in gas taxes than industry, while polluters get billions in free EU emission quotas. Greenpeace exposes the disparity.
—4 min read
EconomySocial Policy
Wallonia's Zero-Unemployment Pilot: 260 Jobs at Risk
Wallonia's TerritoiR'ES program created 265 jobs for long-term unemployed, but funding ends in 2026 and the minister says the pilot cannot continue as-is.
—5 min read
EconomyPolitics
Belgium Rejects Bpost Plan to Close 30 Post Offices
Belgium rejects Bpost's plan to close 30 post offices and 500 postal points over regional imbalance and insufficient savings.
—4 min read
EconomyPolitics
Belgium's Flexi-Jobs Under Fire Over Job Displacement Study
Belgian ministers clash over flexi-jobs as new study shows they may displace regular jobs in hospitality, raising fiscal sustainability questions.
—5 min read
Economy
Diesel Price in Belgium to Hit Two-Month High on Thursday
Belgium's diesel price rises to EUR 2.145/L on July 16, the highest since May, driven by renewed US-Iran conflict and Strait of Hormuz disruptions.
—5 min read
EconomyTransport
Brussels Airport Posts 3.6% Passenger Growth in First Half
Brussels Airport handled 11.7 million passengers in H1 2026, up 3.6%, and 420,000 tonnes of cargo (+8.3%) despite strikes and Middle East disruptions.
—4 min read
EconomyPolitics
Brussels Horeca Crisis: Industry Threatens Boycott of Pols
Brussels hospitality sector threatens to refuse service to politicians as Thai Cafe owner slams Minister Van Peteghem over broken flexi-jobs promises.
—4 min read
EconomyUS
Inflation Cools in June as Gas Prices Fall, Easing Fed
US inflation fell to 3.5% in June as gas prices dropped 9.7%, the largest CPI decline in four years. Core inflation eased, reducing pressure on the Fed.
—5 min read
PoliticsEconomy
Bipartisan Senators Offer Social Security Rescue Plan
Bipartisan senators introduced the PROMISE Act to address Social Security's looming insolvency, forcing congressional action on the program's finances.
—5 min read
BusinessEconomy
Jamie Dimon Understands Why Americans Have Grown Anti-Rich
JPMorgan Chase CEO Jamie Dimon acknowledges working families have been left behind, validating anti-rich sentiment amid growing economic inequality debate.
—4 min read
EconomyInternational
China GDP Growth Slows to 4.3%, Weakest Since 2022 Lockdowns
China's Q2 GDP grew just 4.3%, the slowest in over three years, as weak domestic demand and a property slump offset surging exports.
—4 min read
EconomyPolitics
China Unveils First Five-Year Plan to Boost Consumption
China's State Council approves the 15th Five-Year Plan for Expanding Consumption, targeting 60 trillion yuan in retail sales by 2030.
—4 min read
PoliticsEconomy
Li Qiang Chairs Economic Symposium, Signals H2 Support
Premier Li Qiang chaired a high-level economic symposium with experts and entrepreneurs, signaling targeted stimulus for consumption and technology.
—5 min read
BusinessEconomy
Shein Gets Chinese Regulatory Approval for Hong Kong IPO
Chinese fast-fashion giant Shein secures CSRC approval for its Hong Kong IPO after failed attempts in New York and London, targeting $40-50 billion.
—4 min read
Economy
Shenzhen Office Leasing Activity Hits 6-Year High
Shenzhen office leasing transactions hit a six-year high in H1 2026, driven by AI and semiconductor firms. Vacancy fell for three straight quarters.
—5 min read
InfrastructureEconomy
China Launches New Rural Road Upgrades for Rural Economy
China launches a new round of rural road upgrades, targeting 300,000 km of new roads by 2027 to boost rural economies through improved infrastructure.
—4 min read
Economy
China's H1 Foreign Trade Breaks 25 Trillion Yuan, Up 16.9%
China's H1 2026 foreign trade reached 25.47 trillion yuan, a historic first above 25 trillion, with 16.9% growth led by high-tech exports and BRI markets.
—5 min read
EnergyEconomy
Belgium's Gas Reserves at 25% as Winter Looms
Belgium's gas storage is only 25% full amid the Iran war and Strait of Hormuz blockade, raising energy security concerns ahead of winter.
—4 min read
SocietyEconomy
Belgium Unemployment Reform: 40.8% Turn to Social Welfare
New data shows 40.8% of Belgians excluded from unemployment benefits turn to CPAS welfare centers, exceeding government projections.
—5 min read
EconomyLifestyle
Belgium Motorcycle Sales Hit 15-Year High, 125cc Models Lead
Belgian motorcycle sales hit a 15-year high with 16,368 new registrations in H1 2026. Light 125cc models surge, driven by accessible licensing rules.
—4 min read
PoliticsEconomy
Flexi-Jobs Row Sparks Coalition Crisis in Belgium
Belgian Budget Minister Van Peteghem warns flexi-jobs undermine social security, just weeks after his government expanded the system to all sectors.
—4 min read
EconomyPolitics
Inflation Cools to 3.5% as Warsh Vows to Defeat Price Surge
June CPI cools to 3.5% as Fed Chair Warsh vows regime change. Iran war threatens new price spikes, creating a delicate balancing act for policymakers.
—5 min read
EconomyFinance
Big Banks Smash Earnings Records as Tectonic Risks Loom
JPMorgan, Goldman Sachs, Bank of America, Wells Fargo, and Citigroup report record Q2 earnings as trading surges, but executives warn of looming risks.
—5 min read
EconomyCulture
Belgian Motorcycle Sales Hit 15-Year High; Dhont Opens Fest
Belgian motorcycle sales hit highest level since 2011 as 125cc models surge, while Lukas Dhont's 'Coward' opens Film Fest Gent 2026.
—4 min read
Environment and EnergyEconomy
Belgium's Gas Reserves at 25% as Europe Faces Tense Winter
Belgium's gas reserves are only 25% full, raising energy security concerns. With EU storage at 49%, Europe faces a challenging winter ahead.
—6 min read
AgricultureEconomy
China's Summer Grain Harvest Breaks 3000 Billion Jin Barrier
China's 2026 summer grain output reaches a record 3014.9 billion jin, surpassing 3000 billion for the first time despite extreme weather.
—5 min read
TechnologyEconomy
China's AI Agents Cross the Chasm From Tech to Profit
AI agents in China are moving from technical feasibility to commercial profitability, with real-world deployment across manufacturing and government.
—6 min read
EnergyEconomy
China Unveils $690B Plan for Next-Gen Smart Power Grid
China details plans for a next-gen smart power grid with over 5 trillion yuan in investment, aiming to build a resilient renewable-powered network by 2030.
—5 min read
Economy
China's Economy Shows Steady Improvement in H1 2026
High-frequency data from China's NDRC shows steady H1 2026 economic improvement, with AI investment surging 118.4% and consumption trends stabilizing.
—4 min read
TechnologyEconomy
Reusable Rockets Close Commercial Loop for China Space Firms
China's first controlled rocket recovery marks a turning point as 15+ space companies rush to IPO on the STAR Market, signaling industry maturation.
—5 min read
ConsumerEconomy
Shared Bike Prices Soar in China, Raising Affordability Fear
China's shared bike prices have surged six-fold in a decade, with unlock fees approaching 2 yuan. An investigation reveals the strategy behind the hikes.
—4 min read
BusinessEconomy
VW to Cut 1 Million Vehicle Capacity Amid China Threat
Volkswagen plans to cut 1 million vehicles of capacity and slash its model lineup by up to 50% as Chinese rivals erode market share in China and Europe.
—5 min read
CultureEconomy
China's Live Performance Boom Fuels Summer Consumer Spending
China's live performance market is booming this summer, with concerts and cultural events driving consumer spending and fueling the ticket stub economy.
—5 min read
HealthcareEconomy
China's Drug Approvals Surpass 2025 Total in H1 2026
China approved 11 domestically developed new-target drugs in H1 2026, exceeding 2025's total, with world-first therapies and record out-licensing deals.
—4 min read
TransportationEconomy
China Railway Sets H1 Record: 2.348 Billion Passenger Trips
China's railway system handled 2.348 billion passenger trips in H1 2026, a 5% year-on-year increase, setting a new record for the period.
—4 min read
FinanceEconomy
China Unveils First Systematic Rules for Credit Blacklist
China's NFRA issues new rules for serious breach credit blacklist management, establishing a closed-loop financial credit supervision system.
—4 min read
EconomyPolitics
Belgium's Flexi-Job System 'Spiraling Out of Control'
Belgian Budget Minister Van Peteghem warns flexi-jobs are undermining social security as record numbers and an IMF debt warning fuel reform debate.
—4 min read
TransportEconomy
Belgium Road Vignette 2027: Prices and European Comparison
Belgium introduces a digital road vignette from May 2027. Annual prices range from €90 to €125. Compare with European vignette systems.
—4 min read
International PoliticsEconomy
U.S. and Iran Edge Toward War as Trump Renews Blockade
Trump reinstates the U.S. naval blockade of Iranian ports in the Strait of Hormuz, demanding a 20% cargo fee, as strikes escalate and oil prices surge.
—5 min read
PoliticsEconomy
Landmark Housing Bill Becomes Law Without Trump's Signature
The 21st Century ROAD to Housing Act, the largest housing bill in decades, became law automatically after Trump refused to sign it over a voter ID dispute.
—5 min read
EconomyPolitics
Trump Eyes Biggest Retirement Overhaul Since 1935
President Trump is studying Australia's mandatory retirement system for a potential US overhaul. The proposal could reshape how Americans save.
—5 min read
Economy
Americans Rely on Credit Cards for Groceries as Costs Surge
Urban Institute study finds 1 in 4 working-age Americans using credit cards for groceries can't pay their bills, as food prices rise 32% over five years.
—5 min read
Economy
Business Creation Booms as Workers Become Their Own Boss
A record 3.1 million Americans filed to start businesses in H1 2026, driven by layoff anxiety, AI fears, and the desire for autonomy.
—5 min read
EconomyPersonal Finance
Gen Z Breaks Salary Taboo by Posting Pay Online
A viral trend sees young Americans posting salaries online as part of 'loud budgeting.' Bank of America finds 42% of Gen Z now openly discuss finances.
—5 min read
TechnologyEconomy
200+ Economists Warn AI Threatens Jobs and Economy
Over 200 economists, including 16 Nobel laureates, warn AI could transform the economy faster than the Industrial Revolution as AI spending raises prices.
—5 min read
PoliticsEconomy
US Regulators Warn Banks on Lending to Those in US Illegally
Federal banking regulators warned that lending to immigrants in the US illegally poses elevated credit risk amid Trump's immigration crackdown.
—5 min read
EnvironmentEconomy
EV Battery Recycling Faces an Economic Crisis, Report Finds
New report reveals EV battery recycling is often unprofitable as LFP batteries cost hundreds to recycle. Colorado passes landmark producer law.
—5 min read
EconomyTrade
Monopoly Maker's U.S. Experiment Exposes Tariff Reality
A Monopoly importer tried making games in the U.S. to avoid tariffs. The result: no dice makers, double costs, and a lesson in reshoring challenges.
—5 min read
EconomyEnergy
China's Power Load Hits Record 1.518 Billion Kilowatts
China's power load hit a record 1.518 billion kilowatts on July 10, driven by industrial growth, EV and data center demand, and extreme heat.
—4 min read
EconomyAgriculture
China's Summer Grain Harvest Tops 300 Billion Jin
China's summer grain harvest surpasses 300 billion jin for the first time, driven by new agricultural technologies and improved seed varieties.
—4 min read
EconomyAutomotive
Volkswagen Plans 1 Million Capacity Cut in China, Europe
Volkswagen plans to cut 1 million vehicles of capacity in China and Europe and halve its lineup, as the board rejects management's restructuring plan.
—5 min read
EconomyBusiness
Sinopec and China Aviation Oil Complete Landmark Merger
Sinopec completes restructuring of China Aviation Oil, creating an integrated aviation fuel giant to boost energy security and SAF development.
—4 min read
EconomyTrade
China's Ports Top Global Cargo and Container Rankings
China's ports handled 18.3 billion tonnes of cargo and 354 million TEUs in 2025, retaining the world's top ranking, the Ministry of Transport announced.
—4 min read
EconomyFinance
Panda Bond Issuance Surpasses 160 Billion Yuan in H1 2026
Panda bond issuance in China exceeded 160 billion yuan in H1 2026, up 60% YoY, driven by low rates and RMB internationalization.
—6 min read
PoliticsEconomy
Belgium Targets €10 Billion in Budget Savings by Mid-October
Belgian PM Bart De Wever's government sets €10 billion budget savings target by mid-October, exceeding the €7.7 billion EU minimum.
—4 min read
EconomyEnergy
Fuel Prices Surge in Belgium as Refining Costs Climb
Belgian fuel prices rise sharply as diesel hits EUR 2.10/litre. Surging refining margins and geopolitical tensions are driving the increase.
—5 min read
Real EstateEconomy
Iconic Pink Farm in Knokke Listed for Sale at €18.75 Million
The iconic Roze Hoeve in Knokke-Zoute, one of Belgium's most recognizable estates, hits the market for €18.75 million in a rare public sale.
—4 min read
US PoliticsEconomy
Landmark Housing Bill Becomes Law Without Trump's Signature
The largest housing affordability bill in decades became law automatically after President Trump refused to sign it in protest over a voting bill.
—6 min read
EconomyEnergy
China Hits Triple Economic Milestones: Grain, Power, Marine
China reports record summer grain harvest, all-time high power load of 1.518 billion kW, and marine economy surpassing 11 trillion yuan.
—4 min read
EconomyTrade
China Bans Helium Exports as Global Supply Crunch Tightens
China imposes an immediate ban on helium exports amid a global supply crunch, threatening semiconductor and medical industries worldwide.
—4 min read
Business & IndustryEconomy
VW to Cut 1 Million Vehicle Capacity in China and Europe
VW plans to cut 1 million vehicles of capacity, halve its model lineup, and target 9 million annual production amid fierce Chinese competition.
—5 min read
EconomyEnergy
China's Power Load Hits Record 1.518 Billion Kilowatts
China's national power load reaches a historic high of 1.518 billion kilowatts, driven by industrial growth, service sector expansion and summer heatwaves.
—4 min read
EconomyMarine
China's Marine Economy Surpasses 11 Trillion Yuan
China's marine economy exceeded 11 trillion yuan in 2025, the 2026 Maritime Day report shows, highlighting global leadership in shipping and shipbuilding.
—4 min read
Government & PolicyEconomy
Li Qiang Chairs State Council on Flood Relief, Digital China
Premier Li Qiang chairs State Council meeting on flood relief, Digital China, logistics, emerging industries, and a new national fitness plan.
—4 min read
TechnologyEconomy
Chinese AI Products Flood Mainstream Consumer Market
Chinese AI products from smart camping carts to companion robots enter everyday life, backed by government policy and a booming digital economy.
—4 min read
EconomyEnergy
Belgium Energy Shift: Cheaper Power, Costlier Gas From 2028
Flanders cuts electricity taxes and raises gas levies from 2028 to push green heating. Belgian fuel prices surge as refining margins hit highs.
—5 min read
PoliticsEconomy
Housing Bill Becomes Law After Trump Refuses to Sign
The 21st Century ROAD to Housing Act became law automatically at midnight after President Trump refused to sign it, marking a rare constitutional maneuver.
—6 min read
Environment & ClimateEconomy
China Unveils 15th Five-Year Carbon Peak Action Plan
China releases its 15th Five-Year Carbon Peak Action Plan with binding targets including 17% CO2 reduction per GDP unit and 25% non-fossil energy by 2030.
—6 min read
AutomotiveEconomy
China's NEV Sales Surpass 7.4 Million Units in H1 2026
China's NEV production and sales exceeded 7.4 million units in H1 2026, with June market share reaching 58.5%. Exports surged 120% YoY.
—4 min read
Economy
China's June Core CPI Rises Moderately as AI Demand Surges
China's June CPI rose 1.0% YoY as core inflation held steady, while AI-driven manufacturing sectors saw strong demand growth.
—4 min read
AgricultureEconomy
China's Summer Grain Output Tops 300 Billion Jin
China's summer grain output reached 301.49 billion jin, surpassing 300 billion jin for the first time in a record harvest bolstering food security.
—4 min read
TravelEconomy
China Hits Record 369 Million Border Crossings in H1 2026
China recorded 369 million entry-exit trips in H1 2026, a new all-time high driven by visa-free policies and surging foreign arrivals.
—3 min read
AutomotiveEconomy
China's Auto Exports Shift from Scale to Value-Driven Growth
China's auto exports hit 5.1M vehicles in H1 2026 as the industry shifts from volume-driven to value-driven growth, led by NEV technology.
—5 min read
Real EstateEconomy
China's Rental Market Surges as Talent Influx Drives Demand
China's rental housing market heats up as record 12.7M graduates and tech talent influx drive demand in Shenzhen and other first-tier cities.
—5 min read
EconomyChina
SASAC Launches 'Scene Vientiane' for SOE Innovation
SASAC launches 'Scene Vientiane' for central SOEs, releasing ten landmark scenarios to drive innovation through open collaboration.
—4 min read
Consumer ProtectionEconomy
Belgium Bans Klarna and BNPL Services for Minors
Belgium bans Klarna and buy now, pay later apps for minors, closing a regulatory loophole and transposing the EU Consumer Credit Directive II.
—4 min read
TransportationEconomy
Airline Consolidation Rules the Skies: Has It Helped Flyers?
With four airlines controlling 75% of U.S. air travel and Spirit Airlines gone, an NPR analysis examines whether consolidation helped or hurt flyers.
—6 min read
PoliticsEconomy
Trump Lets Housing Bill Become Law in Voter ID Protest
Trump let a bipartisan housing bill become law without his signature, protesting the Senate's failure to pass the SAVE America Act voter ID bill.
—4 min read
EconomyConsumer
Gas Prices Are Swinging: How to Budget for Volatility
Gas prices are swinging wildly due to the Iran war. Experts share budgeting strategies to manage fuel cost volatility and protect your wallet.
—6 min read
PoliticsEconomy
China Unveils Major Policy Package: Drug List, Carbon Plan
China announces sweeping domestic policy measures including a new essential drug list, carbon peak plan, flood prevention, and anti-fraud campaign.
—4 min read
EconomyChina
China Economy Resilient with Record Grain Harvest, NEV Surge
China's June core CPI rises moderately, summer grain output exceeds 300 billion jin for the first time, and NEV sales surpass 7.4 million units in H1 2026.
—5 min read
AI & TechnologyEconomy
China's AI Boom: One-Person Firms, Zhipu, Memory, GPT-Live
China's AI sector surges: one-person companies rise, Zhipu shares jump 13%, memory chip makers boom, and OpenAI launches GPT-Live voice model.
—6 min read
Auto IndustryEconomy
China Auto Paradox: Sales Slump, Export Surge, New Standards
China's auto industry faces a paradox: domestic passenger car sales slump 20% while exports surge 63% and China co-leads global driving standards.
—4 min read
Real EstateEconomy
Chinese Developers Chase Premium Land as Market Slumps
State-owned developers pay steep premiums for prime land in top-tier Chinese cities, even as the national property market remains in a slump.
—5 min read
TourismEconomy
China Launches 2026 Summer Tourism Season with $62M Vouchers
China launches the 2026 Summer Tourism Season in Qinghai, featuring over 30,000 events and 450 million yuan in consumer vouchers.
—4 min read
EconomyTechnology
Belgian Economy: Fuel Soars, E-Bikes, F-35 3D Printing
Geopolitical tensions reshape Belgium's economy: diesel above €2, speed pedelec sales surge, and a 10-person firm lands an F-35 3D-printing contract.
—4 min read
Regional DevelopmentEconomy
Liaoning Slashes Development Zones by Half in Reform Push
Liaoning Province has merged or abolished 49 development zones in a sweeping reform to cut redundancies and refocus on economic growth.
—4 min read
Real EstateEconomy
Belgian Housing in Flux: Knokke Drops, National Trends Shift
Belgium's housing market sees shifts as Knokke buyers move to Nieuwpoort amid summer unrest, while national prices dip slightly with a logical explanation.
—4 min read
EconomyChina
IMF Raises China 2026 Growth Forecast to 4.6%
IMF upgrades China's 2026 growth forecast to 4.6% while cutting global outlook. PBOC maintains loose policy, CPI rises 1.0% amid retail reforms.
—5 min read
EconomyEurope
Belgium Fuel Prices Surge as Diesel Tops €2 Per Liter Again
Belgian diesel prices exceed €2 per liter again, gasoline also rises amid Middle East tensions and Strait of Hormuz disruptions.
—5 min read
EconomyMobility
Speed Pedelec Sales Surge in Belgium as Military Join Trend
Speed pedelec registrations in Belgium jump 10% in first half of 2026, driven by military personnel now eligible for bike leasing programs.
—3 min read
Real EstateEconomy
Belgian Housing Prices Dip: What Homebuyers Need to Know
Belgian housing prices fell nearly 1% in Q2 2026. Experts explain the demographic shift behind the decline and what it means for buyers and sellers.
—4 min read
Real EstateEconomy
Knokke Housing Drops as Unrest Pushes Buyers to Nieuwpoort
Summer unrest in Knokke is reshaping the Belgian coastal real estate market, with buyers fleeing to Nieuwpoort and driving prices up 10.2%.
—4 min read
Economy
China's Economy Shows Resilience as H1 Data Signals Recovery
China's H1 2026 data signals economic recovery: logistics index at 50.6%, forex reserves at $3.4 trillion, gold reserves rise, water efficiency improves.
—5 min read
Science & TechnologyEconomy
China's AI Surge: Meituan Open-Sources 1.6T Model
China's AI sector accelerates: Meituan open-sources a 1.6T-parameter model on domestic chips, WAIC 2026 set for July 17, robot output to top 100K.
—5 min read
PoliticsEconomy
China Proposes E-Commerce Law Overhaul for Gig Workers
China unveils major e-commerce law revision with gig worker protections, revenue-based fines up to 5%, and new trade countermeasures.
—5 min read
ObituaryEconomy
Gao Shanwen, Outspoken Chinese Economist, Dies at 55
Gao Shanwen, influential Chinese economist known for candid views and challenging official GDP data, has died of T-cell lymphoma at age 55.
—4 min read
EconomyTourism
China Launches Summer Tourism Season with $62M in Vouchers
China launches Summer Tourism Season, distributing over 450 million yuan in vouchers across 30,000 events to boost domestic travel.
—4 min read
PolicyEconomy
China Unveils Tourism Powerhouse Plan for 2030
China issues its first national-level tourism powerhouse plan, targeting 190M inbound arrivals and $150B in spending by 2030.
—5 min read
PoliticsEconomy
Wang Yi Concludes Nordic Tour with Trade and Green Deals
Chinese Foreign Minister Wang Yi concluded a six-day Nordic visit, securing agreements on trade, green transition, and AI governance.
—5 min read
International RelationsEconomy
EU Protectionist Policies May Backfire, Chinese Media Warns
A People's Daily analysis warns the EU's Industrial Accelerator Act could backfire, harming European competitiveness through protectionist measures.
—5 min read
Science & TechnologyEconomy
Meituan Open-Sources 1.6T-Parameter AI on Chinese Chips
Meituan open-sources LongCat-2.0, a 1.6-trillion-parameter AI model trained on domestic Chinese chips, marking a milestone in AI self-sufficiency.
—6 min read
Science & TechnologyEconomy
China's Humanoid Robot Output to Top 100,000 Units in 2026
China's MIIT announces humanoid robot output expected to exceed 100,000 units in 2026, a 5x leap from 2025 cementing its global dominance in embodied AI.
—5 min read
Science & TechnologyEconomy
WAIC 2026 Showcases China's AI Surge in Shanghai July 17-20
China's AI industry, now exceeding 1.2 trillion yuan, takes center stage at WAIC 2026 in Shanghai with record space and 300+ global product debuts.
—5 min read
Economy
China's H1 Economy: Four Key Indicators Signal Recovery
China's H1 2026 economic data reveals resilience through four key indicators: power capacity, AI growth, consumer trade-ins, and Africa trade.
—4 min read
Economy
China Logistics Index Hits 50.6% in June, Signaling Recovery
China's logistics index rose to 50.6% in June, a second straight month of expansion signaling continued economic recovery.
—4 min read
Economy
China's Forex Reserves Hold Steady at $3.416 Trillion
China's foreign exchange reserves stood at $3.4163 trillion at end of June, down 0.75% from May due to US dollar strength, SAFE data shows.
—4 min read
Economy
China Ramps Up Gold Purchases, Reserves at 75.4M Ounces
China's central bank added 480,000 ounces of gold in June, extending its buying streak to 20 months as reserves hit 75.4 million ounces.
—4 min read
EconomyLaw
China Revises Price Law to Curb Involution-Style Competition
China revises its Price Law to curb involution-style competition, with record fines on e-commerce platforms and strengthened antitrust enforcement.
—4 min read
SocietyEconomy
Pension Reform Shock: MyPension Tool Shows Delayed Pensions
Belgians in their sixties are discovering their retirement dates pushed back by months or years as MyPension shows the real pension reform impact.
—4 min read
Science & TechnologyEconomy
China's AGIBOT Hits 15,000 Humanoid Robots, New Era Begins
AGIBOT produces its 15,000th embodied robot, the Jiling G2, setting a global record and signaling a shift to large-scale commercial deployment.
—5 min read
EconomyEnvironment
China's Water Efficiency Rises 4.5% in Green Transition
China's water consumption per 10,000 yuan GDP fell 4.5% in 2025, signaling a shift toward sustainable, high-quality economic development.
—4 min read
PoliticsEconomy
Magnette Warns of Belgian Budget Black Hole Alternative
PS leader Paul Magnette denounces Belgium's soaring deficit as a 'gigantic budgetary black hole' and proposes a €15B alternative to austerity.
—5 min read
EconomyPolitics
Antwerp Airport at a Crossroads After TUI's Departure
TUI Fly's exit from Antwerp Airport by spring 2027 leaves the airport's future uncertain, sparking debate over closure, subsidies, and electric aviation.
—5 min read
EconomyBusiness
AB InBev Strike in Leuven Ends as Deal Reached on Workload
A six-day strike at AB InBev's Leuven distribution center ends after unions and management agree on new hires, a heat plan, and a review of a dismissal.
—4 min read
TechnologyEconomy
Belgian Startup e-peas Raises $22M for Battery-Free Devices
Belgian startup e-peas raises USD 22 million to scale energy-harvesting chips that eliminate batteries in remote controls, keyboards, and IoT sensors.
—4 min read
LifestyleEconomy
Belgian Summer 2026: Budgets, Destinations and Travel Trends
72% of Belgians plan summer holidays in 2026 with a €2,545 average budget. France tops destinations, domestic tourism rises, social divide persists.
—4 min read
U.S. HealthEconomy
Obamacare Premiums Surge: Insurers Propose 14% Hike for 2027
ACA Marketplace insurers propose median 14% premium hike for 2027, following 20% surge. Middle-income Americans face steepest costs as subsidies expire.
—4 min read
EconomyEnvironment
China Targets 8 Trillion Yuan for Circular Economy by 2030
China targets 8 trillion yuan for resource recycling by 2030 under its 15th Five-Year Plan, focusing on waste reduction and green transformation.
—4 min read
EconomyFinance
70 A-Share Firms Pre-Announce H1 Results, 87% Report Gains
Nearly 90% of 70 early-reporting A-share firms forecast H1 2026 profit growth, driven by AI supply chains. Luxshare Precision leads with 18-22% net profit.
—4 min read
TechnologyEconomy
GBA Smart Manufacturing: China's New Productive Force
The Greater Bay Area transforms from world factory to innovation hub, using AI, robotics, and digital twins to drive China's new productive forces.
—6 min read
EconomyTrade
China Opens 92 New International Air Cargo Routes in H1 2026
China opened 92 new international air cargo routes in H1 2026, adding over 210 weekly flights to strengthen global trade connectivity.
—4 min read
EconomyReal Estate
China Property Market Stabilizes on Policy Support Effect
China's property market shows early stabilization signals as core cities lead recovery. Policy support boosts transactions and cuts inventory.
—5 min read
PoliticsEconomy
Belgium Must Find €7.7 Billion to Fix Budget Deficit
Belgian Finance Minister Van Peteghem says €7.7 billion is the minimum needed to meet EU fiscal rules by 2029, with the challenge growing after 2031.
—4 min read
EconomyChina
World Bank Maintains 2026 China Growth Forecast at 4.4%
The World Bank keeps China's 2026 GDP growth forecast at 4.4%, citing high-tech investment and export resilience amid property sector headwinds.
—4 min read
EconomyPolitics
EU Parliament Divided Over Future of European Auto Industry
The European Parliament is split on saving the EU auto industry: right-wing factions oppose the EV mandate while left-wing parties push for faster action.
—5 min read
EconomyBusiness
Gheysens Cashes In €260M from Sale of Warsaw Skyscraper
Belgian tycoon Paul Gheysens sells Warsaw's The Bridge skyscraper to Eastnine for €260M, providing critical liquidity for his struggling Ghelamco Group.
—5 min read
TransportEconomy
TUI to Halt All Flights from Antwerp Airport by Spring 2027
TUI Fly will cease all operations at Antwerp Airport by spring 2027, dealing a major blow to the airport's viability and subsidy debate.
—4 min read
EconomyTechnology
Monizze Pay: Belgian Alternative to US Mobile Payment Giants
Belgian fintech Monizze launches Monizze Pay, a homegrown mobile payment solution bypassing Apple Pay and Google Pay for meal vouchers and eco-vouchers.
—4 min read
PoliticsEconomy
Trump Team Eyes Australia-Style Retirement Plan for Workers
Trump administration explores Australia-style retirement system for American workers, modeled on the country's mandatory superannuation program.
—5 min read
EconomyPolitics
Trump's Foreign Investment Boom Hits Economic Headwinds
Trump promised a foreign investment boom driven by tariff threats. Now a strong dollar, high rates, and global uncertainty push capital away.
—4 min read
Economy
US Trade Deficit Widens Sharply in May on Record Imports
The US trade deficit jumped 42.2% to $77.6 billion in May as goods imports hit a record $317 billion, driven by AI semiconductors and crude oil.
—5 min read
Economy
Car Payment Hits Record $777 as Affordability Worsens
The average new car payment hit a record $777 in Q2 2026 as rising prices, high interest rates, and longer loan terms squeeze consumers.
—5 min read
EconomyPolitics
Trump Claims Credit for Walmart Price Cuts, Company Silent
President Trump says Walmart cut prices at his administration's request, but the retailer's official statement makes no mention of the White House.
—5 min read
BusinessEconomy
AI Stocks Resume Decline, Dragging Global Markets Lower
AI stocks tumbled Tuesday as Samsung's record earnings triggered profit-taking, dragging global markets lower and raising valuation concerns.
—4 min read
FinanceEconomy
China's A-Share Market Overhauls Trading Rules in Big Reform
China's three major stock exchanges implement trading rule reforms, expanding after-hours trading, adjusting ST stock limits, and more.
—5 min read
EconomyEnvironment
China Targets 8 Trillion Yuan Circular Economy by 2030
China's new Circular Economy 15th Five-Year Plan targets 8 trillion yuan in recycling output by 2030, addressing battery, wind and solar waste.
—5 min read
EconomyTransportation
China's Railway Freight Hits 2.015 Billion Tons in H1 2026
China's railway freight reached 2.015 billion tons in H1 2026, up 1.8% YoY. Coal, grain, and China-Europe rail express all posted strong gains.
—4 min read
EconomyLogistics
China's Express Delivery Hits 100 Billion Parcels in 2026
China's express delivery industry hits 100 billion parcels by June 30, nine days earlier than last year, signaling robust consumer demand.
—4 min read
EconomyConsumer
Summer Consumption Surges Across China as Cool Economy Booms
China's summer consumption surges with booming tourism, Guangdong's $120M dining vouchers, and record travel deals as the cool economy drives demand.
—4 min read
EntertainmentEconomy
China Summer Box Office Hits 2 Billion Yuan, Cinemas Revamp
China's summer box office tops 2 billion yuan as annual total exceeds 17.7 billion. New policies aim to transform cinemas into diversified cultural hubs.
—3 min read
PoliticsEconomy
Zhang Guoqing: Empower Industry, Create Jobs in Xinjiang
Chinese Vice Premier Zhang Guoqing calls on central SOEs to prioritize industrial empowerment and employment in Xinjiang during a July 2-5 inspection.
—4 min read
EconomyLegislation
China Revises E-Commerce Law with Landmark Proportional Fine
China unveils draft E-Commerce Law amendments with proportional fines of up to 5% of annual turnover for major platform violations.
—5 min read
Consumer ProtectionEconomy
China Consumer Association Warns on Fitness Prepayment Risks
China Consumer Association issues fitness prepayment warning with 'Three Checks, Two Don'ts' guideline and trust-based fund supervision model.
—5 min read
Energy & EnvironmentEconomy
China Targets 8 Trillion Yuan in Circular Economy Plan
China's new circular economy plan targets 8 trillion yuan in recycling output by 2030, addressing EV battery and renewable energy waste.
—4 min read
EconomyChina
China's Services Trade Grows 6% in First Five Months of 2026
China's services trade grew 6% year-on-year to 3.1 trillion yuan in Jan-May 2026, led by knowledge-intensive services and travel exports.
—5 min read
Society & CultureEconomy
Sichuan Hotel Price Hikes During Exam Spark Regulatory Row
A Sichuan hotel raised prices during civil service exams. Regulators say they can't cap prices, reigniting debate on price gouging in China.
—4 min read
EconomyTechnology
China's Robot Exports Surge: 10.38 Million Units Shipped
China exported 10.38 million robots worth 19.99 billion yuan in early 2026, led by cleaning robots, signaling a shift in high-end manufacturing.
—4 min read
EconomyTechnology
China's 'Six Networks' Plan: A $960B Infrastructure Vision
China is investing over 7 trillion yuan in 'Six Networks'—a massive infrastructure plan spanning water, power, computing, and logistics.
—6 min read
EconomyIndustry
China Reshapes Green Industrial Policy in Coordinated Blitz
China rolls back NEV tax breaks, sets solar efficiency standards, targets 8 trillion yuan recycling, and opens lithium futures to foreign traders.
—4 min read
Society & CultureEconomy
China: Teachers, Blade Nets, Tax Refunds, ACs, Travel
Volunteer teachers for soldiers' children, Laoshan blade net row, new tax refund point, Chinese AC boom in Europe, and summer travel surge.
—5 min read
EconomyEnergy
China Solar Efficiency Standards Target Overcapacity
China issues mandatory solar efficiency standards effective Jan 2027, targeting overcapacity that has caused 50B yuan in industry losses.
—5 min read
EconomyIndustry
China Opens Lithium Futures Market to Foreign Traders
China opens lithium carbonate futures to overseas traders for the first time, aiming to boost pricing power over the critical battery metal.
—5 min read
Policy & RegulationEconomy
China Unveils Reforms in E-Commerce, Securities, Packaging
China releases E-Commerce Law draft amendments, proposes securities refinancing reforms, and enforces new green packaging standards for express delivery.
—6 min read
EconomyIndustry
China Ends NEV Tax Breaks as Electric Vehicle Sales Surge
China ends vehicle tax exemptions for plug-in hybrids and electric commercial vehicles from 2027, signaling NEV industry maturity.
—6 min read
Diplomacy & Foreign RelationsEconomy
Shanghai, New York Forge Financial Ties at Bloomberg Forum
Financial leaders from Shanghai and New York met at Bloomberg HQ to discuss investing in China, AI-driven growth, and cross-border cooperation.
—5 min read
Policy & RegulationEconomy
China Securities Regulator Unveils Refinancing Rule Overhaul
China's CSRC proposes sweeping refinancing reforms including shelf registration, expanded small-and-fast programs, and tighter convertible bond oversight.
—4 min read
Society & CultureEconomy
Tax Refund Service Opens at Hong Kong-Zhuhai-Macao Bridge
A new tax refund service point at the Hong Kong-Zhuhai-Macao Bridge, combined with nationwide reforms, makes claiming tax refunds faster for travelers.
—5 min read
EconomySociety & Culture
Chinese Mobile ACs Surge in Europe Amid Trade Tensions
Chinese mobile ACs sell out across Europe as a record heatwave drives demand, challenging EU trade narratives and exposing Europe's cooling gap.
—5 min read
Society & CultureEconomy
China's Summer Travel Season Opens with Record Rail Numbers
China's summer railway travel season begins with 38 million passengers in three days. Railway projects 1.01 billion travelers over 62-day period.
—4 min read
EconomyMedia
IPM-Rossel Merger Approved: Unions Warn of Media Job Losses
Belgian regulator approves IPM-Rossel merger creating a 94% share of French-language print press. Unions fear a 'social bloodbath' as jobs are threatened.
—4 min read
BelgiumEconomy
Belgian Watchdog Warns of Fake Wine and Real Estate Scams
Belgium's FSMA warns consumers about five companies offering fraudulent alternative investments in wine, energy, and real estate with guaranteed returns.
—4 min read
EconomyBelgium
Belgian Supermarket Inflation Turns Negative for First Time
Supermarket inflation in Belgium has turned negative for the first time, with prices falling 0.41% in June. Test Achats reports relief for shoppers.
—4 min read
EconomyPersonal Finance
KBC Raises Savings Rate to 3.15%, Topping Belgian Market
KBC increases savings account interest to 3.15 percent, becoming market leader in Belgium. But the offer comes with conditions and limitations.
—4 min read
Economy
US Hiring Slows Sharply in June as Consumer Gloom Persists
U.S. employers added just 57,000 jobs in June, far below expectations, as consumer confidence remains historically low amid war-induced inflation.
—4 min read
Social PolicyEconomy
China Expands Injury Insurance to 30 Million Gig Workers
China expands occupational injury insurance nationwide, covering 30 million gig economy workers including ride-hailing drivers and delivery riders.
—5 min read
EconomyChina
China Extends Employment Support Policies to Stabilize Jobs
China extends unemployment insurance refunds, hiring subsidies, and skills training benefits through 2026 to stabilize the job market.
—4 min read
SocietyEconomy
China Adds 12 New Occupations in Digital and Green Sectors
China's MOHRSS proposes 12 new occupations spanning AI, green energy, digital twins, and traditional crafts, reflecting labor market evolution.
—4 min read
EconomyTrade
China's Knowledge-Intensive Service Exports Up 12.2%
China's knowledge-intensive service exports grew 12.2% in Jan-May 2026, reaching 6,677.5 billion yuan, as trade structure shifts to higher-value sectors.
—4 min read
Infrastructure & TransportEconomy
Hangzhou-Taizhou High-Speed Railway Trial Run Begins
The Wenzhou-Yuhuan section of the Hangzhou-Taizhou HSR begins trial operations, marking the final step before the line opens by end of July 2026.
—4 min read
SocialEconomy
Brussels CPAS Job Seeker Registrations Nearly Double
Brussels CPAS job seekers surged 83.5% to 34,137 as federal unemployment benefit time-limiting shifts costs to municipal welfare systems.
—5 min read
EconomySocial
Nearly 250,000 Belgians Struggle to Repay Consumer Loans
Nearly 250,000 Belgians are in arrears on consumer loans as defaults hit 110,000 in 2025, a 16% rise. Rising costs and BNPL apps fuel the crisis.
—5 min read
AgricultureEconomy
China's Summer Grain Procurement Reaches Peak Season
China's summer grain procurement peaks as authorities deploy digital platforms, transparent pricing, and same-day payment to help farmers sell efficiently.
—4 min read
Consumer ProtectionEconomy
Belgium Bans Fake Energy Discounts in Consumer Crackdown
Belgian parliament unanimously approves ban on misleading energy discounts targeting deceptive pricing that costs households up to €700 yearly.
—5 min read
FinanceEconomy
PBOC Trims Bond Purchases to Nine-Month Low in June
PBOC injected just 10 billion yuan via bond operations in June, the smallest in nine months, signaling caution over falling yields amid ample liquidity.
—4 min read
BusinessEconomy
Krëfel Gets €73M Lifeline from Mulliez Family in Rescue Bid
Belgian retailer Krëfel gets €72.8M recapitalization from the Mulliez family, aiming for breakeven in 2026 after years of losses.
—5 min read
BusinessEconomy
Pieter Bourgeois Leaves Alychlo for Koramic CEO Role
Pieter Bourgeois departs Marc Coucke's Alychlo three months after CEO ouster, becoming co-CEO of Koramic Investments with a path to sole leadership.
—4 min read
EconomyHealthcare
New Jersey Charges Companies with Workers on Medicaid
New Jersey becomes first state in years to charge employers whose workers are on Medicaid, aiming to raise $145M. Other states may follow.
—4 min read
EconomyEnergy
Virginia County Urges Power Saving in Data Center Rate Hike
Henrico County, Virginia faces a 25% electricity rate increase driven by surging data center energy demand, forcing budget cuts and conservation pleas.
—4 min read
Economy
China's Departure Tax Refund 2.0 Takes Effect to Boost Trips
China's departure tax refund 2.0 policy takes effect July 1, with random sampling and paperless processing to boost inbound tourism and spending.
—5 min read
EconomyTechnology
China's Supply Chain Helps Europe Survive Record Heatwave
Europe's record heatwave drives surging demand for AC units. Chinese manufacturers deliver innovative cooling solutions through robust supply chains.
—6 min read
TransportationEconomy
Overnight High-Speed Rail Links Hong Kong to Yiwu
A new overnight high-speed sleeper train now connects Hong Kong to Yiwu, the global small commodities hub, in an evening-departure morning-arrival service.
—4 min read
TransportationEconomy
China Cuts Domestic Flight Fuel Surcharges from July 5
China reduces domestic flight fuel surcharges from July 5, cutting costs by up to 50 yuan per passenger as summer travel season peaks.
—4 min read
UrbanEconomy
China unveils five-year plan to renew idle urban properties
China issues its first dedicated five-year urban renewal plan, targeting idle housing, aging infrastructure, and a shift from expansion to quality.
—6 min read
TechnologyEconomy
China Rolls Out New Policies to Boost AI Solo Founders
China rolls out new policies at central and local levels to support AI one-person companies, offering funding, computing resources, and regulatory backing.
—5 min read
EnvironmentEconomy
China enforces mandatory limits on express packaging waste
China's first mandatory national standard restricting excessive express packaging takes effect, limiting layers and tape width to reduce waste.
—4 min read
EnvironmentEconomy
Belgium Granted €15 Billion in Fossil Fuel Subsidies in 2024
Belgium granted nearly €15 billion in fossil fuel subsidies in 2024, sparking criticism from environmental groups over climate commitments.
—5 min read
Economy
Fuel Prices Rise Again in Belgium This Friday
Belgian fuel prices rise again on Friday as SPF Economie announces increases of up to 7.2 cents per liter, adding to cost-of-living pressures.
—4 min read
Weather & SocietyEconomy
AC Installers Overwhelmed as Belgium Heatwave Drives Demand
Belgian AC installers are overwhelmed with over 40 requests daily as a record heatwave drives demand to unprecedented levels, with 6-8 week waits.
—4 min read
TechnologyEconomy
Belgian Startups Too Cautious on AI, Deloitte Survey Warns
Deloitte's survey reveals Belgian startups lack the boldness needed to lead the AI revolution, despite a strong ecosystem with eight unicorns.
—4 min read
EconomyEducation
No Degree, €5,921/Month: How One Extra Study Year Paid Off
A Belgian solar panel installer earns €5,921/month without a higher education diploma. One extra year of technical study proved a golden investment.
—4 min read
Cross-StraitEconomy
Taiwan Affairs Office Responds to World-Highest Milk Prices
Beijing's Taiwan Affairs Office responds to Taiwan's world-highest milk prices, criticizing DPP for diverting attention with anti-mainland rhetoric.
—4 min read
EconomyUnited States
US Adds Just 57,000 Jobs in June as Hiring Slows Sharply
The US economy added 57,000 jobs in June, well below expectations, as the unemployment rate ticked down to 4.2% and wage growth trailed inflation.
—5 min read
PoliticsEconomy
Trump Accounts Launch July 4, Giving $1,000 to Every Newborn
Trump Accounts launch July 4, giving $1,000 to every newborn. How the program works, who qualifies, and why critics warn it could widen the wealth gap.
—7 min read
TechnologyEconomy
AI Is Reshaping the Economy. Measuring It Is Another Story.
Economists struggle to measure AI's economic impact as massive investment coexists with near-zero measured productivity gains, echoing the Solow Paradox.
—5 min read
TravelEconomy
Record Crowds Push US Aviation System to Its Limits
AAA projects 72.2M travelers for July 4th as TSA screens 18.7M passengers. Controller shortages and aging infrastructure strain US aviation.
—4 min read
EconomyPolitics
Trump Announces Gas Price Cuts Ahead of July 4 Celebration
Trump announces Freedom Fuel Network will cut gas prices at 25 Philadelphia-area stations on July 3, as the administration pressures retailers.
—4 min read
AutomotiveEconomy
China's Toughest EV Safety Standards Reshape NEV Industry
China's new EV safety standards mandate no-fire-no-explosion batteries and physical one-touch power-off, reshaping the NEV industry with higher costs.
—5 min read
EconomyHousing
China Overhauls Housing Provident Fund in Major Reform
China proposes sweeping reforms to its Housing Provident Fund system, expanding withdrawal options to include renovation and property fees.
—4 min read
TechnologyEconomy
China Targets 2.5 Trillion Yuan Industrial Internet by 2030
Eight Chinese ministries unveil a plan to grow the industrial internet to 2.5 trillion yuan by 2030, with 50,000 5G networks and AI-driven manufacturing.
—5 min read
Energy & EnvironmentEconomy
Belgium Set to Break Electricity Import Record Amid Heatwave
Belgium imported 12.5 TWh of electricity in H1 2026, on track to break the annual record as heatwave drives demand and nuclear phase-out reduces supply.
—5 min read
EconomyTransport
Belgium Truck Toll Hikes Spark Bankruptcy Fears in Transport
Four simultaneous kilometre tax hikes for heavy trucks in Belgium and the Netherlands take effect, sparking warnings of transport company bankruptcies.
—4 min read
PoliticsEconomy
Belgium's July 1 Shake-Up: Flexi-Jobs, Package Tax, Fines
Flexi-jobs expand to all sectors, a €3 EU package tax takes effect, traffic fines rise 10%, and NMBS ends onboard ticket sales in Belgium.
—5 min read
Transport & InfrastructureEconomy
Brussels Airport CEO Expects No Strikes This Summer
Brussels Airport CEO Arnaud Feist reassures travelers no spontaneous strikes are expected this summer after agreements at Skeyes and Aviapartner.
—3 min read
EconomyEmployment
Actiris Lists 103 Critical Professions in Brussels
Actiris identifies 103 critical professions in Brussels facing severe labour shortages, guiding job seekers toward high-demand fields.
—4 min read
InfrastructureEconomy
Hong Kong High-Speed Rail Adds Three New Mainland Routes
Hong Kong high-speed rail expands to 113 mainland cities with new direct routes to Guangzhou North, Yiwu, and Fuqing West, boosting travel and trade.
—4 min read
EconomyFinance
Warsh: Inflation Risks Have Declined in Recent Weeks
Fed Chair Kevin Warsh says inflation risks have declined, citing falling energy prices after the US-Iran deal. He also addressed AI and Fed independence.
—5 min read
Economy
China's Manufacturing PMI Returns to Expansion in June
China's manufacturing PMI rose to 50.3% in June, returning to expansion territory alongside housing market stabilization and mid-year economic progress.
—5 min read
EconomyTechnology
Google Fined €126M by Paris Court in Landmark Adtech Case
A Paris court orders Google to pay €126 million to Le Figaro, Prisma Media, and others for anti-competitive online advertising practices.
—3 min read
WeatherEconomy
Belgium Counts Heatwave Cost: Excess Deaths, Energy Spikes
Belgium faces the aftermath of a 12-day heatwave: rising at-home deaths, electricity prices nearing 600 euros, and a half-billion-euro economic hit.
—5 min read
EconomyPolitics
Euroclear Sues Russian Central Bank Over Frozen Assets
Euroclear summons Russia's central bank to a Brussels court seeking to block enforcement of a €220 billion Russian judgment over frozen assets.
—5 min read
EconomyTrade
EU Slashes Steel Import Quotas by 47% in New Trade Rules
The EU cuts duty-free steel imports by 47%, doubles tariffs to 50%, and reserves half the quota for FTA partners amid escalating global trade tensions.
—5 min read
EconomyPolitics
Belgium's July 1: Flexi-Jobs, Package Tax, Higher Fines
Belgium introduces sweeping changes on July 1: flexi-jobs expand to all sectors, a new €3 EU package tax takes effect, and traffic fines rise by 10%.
—5 min read
Economy
Belgian Salaried Employment Stagnates as Flexi-Jobs Surge
Economist Philippe Defeyt reports salaried employment in Belgium grew just 0.7% over three years, with flexi-jobs masking a deeper decline in regular jobs.
—4 min read
PoliticsEconomy
Flanders Introduces 180 Euro Fee for Work Permits
Flemish Minister Zuhal Demir announces a 180 euro fee per work migration application from 2027, sparking debate between government and employer groups.
—4 min read
EconomyBelgium
Wallonia Launches Job Plus: New Incentive for Employment
Wallonia launches Job Plus on July 1, a simplified hiring incentive replacing four programs. Offers up to €1,200/month for 12-36 months via Forem.
—4 min read
EconomyTechnology
Hidden Parking App Fees Trigger Belgian Government Probe
Belgium investigates parking apps 4411, EasyPark, Seety, and Yellowbrick over hidden fees and lack of price transparency.
—4 min read
EconomyBusiness
Belgian Champagne Giant Vranken-Pommery on Brink of Collapse
Belgian champagne group Vranken-Pommery faces collapse with €750M in debt, entering exclusive talks with German rival Henkell for a takeover.
—5 min read
PoliticsEconomy
Belgian Parliament to Hold Hearings on Belfius Sale
Belgium's Chamber will hold September hearings on the plan to sell a 20% stake in state-owned bank Belfius and potential Ethias merger.
—4 min read
SocietyEconomy
Paper Tax Return Deadline in Belgium, Online Until July 15
June 30 is the deadline for paper tax returns in Belgium. Online filing via Tax-on-web is open until July 15, with extended deadlines for complex returns.
—4 min read
EconomyBusiness
Belgium's New Richest Family: The Lhoist-Berghmans Dynasty
The Lhoist-Berghmans family is now Belgium's richest after selling their lime division to Martin Marietta for $13.5 billion, with €12.9 billion estimated.
—7 min read
PoliticsEconomy
Les Engagés Proposes Waste Bag Price Hike in Brussels
Brussels' Les Engagés party proposes raising waste bag prices and reintroducing a flat waste tax, sparking political debate with the PTB.
—4 min read
Economy
China's Mid-Year Review Shows Economic Resilience
China's mid-year economic review reveals resilience in agriculture, infrastructure, ecology, and consumer markets as the half-year mark approaches.
—5 min read
EconomyReal Estate
China Housing Market Shows Recovery on Targeted Policies
China's targeted housing policies show results: second-hand listings drop 7% in six months, first-tier city prices rebound for third consecutive month.
—4 min read
Urban DevelopmentEconomy
China Unveils Sweeping Urban Renewal Plan Under 15th Plan
China's first national urban renewal plan targets 1,500 old districts, 115,000 communities, and 770,000 km of pipelines with $970B investment.
—6 min read
EducationEconomy
China Guides 12.7 Million Graduates Through Job Market Shift
As 12.7 million Chinese graduates enter the workforce, Beijing rolls out policies to address structural skills mismatches in an AI-driven economy.
—4 min read
EconomyCulture
China's Cultural Tourism Revolution Reshapes Urban Economies
Chinese cities blend industrial heritage, performing arts, and immersive experiences to create new urban consumption scenarios and drive economic growth.
—5 min read
TechnologyEconomy
Heavy AI Adopters Are Hiring More, Not Less, New Study Finds
Ramp Economics Lab research finds companies that invest heavily in AI grow headcount 10%, with entry-level hiring surging 12%, challenging job-loss fears.
—4 min read
PoliticsEconomy
Trump Declares Food Emergency, Suspends Fertilizer Tariffs
President Trump declares a national food supply emergency and suspends tariffs on Moroccan phosphate fertilizer for eight months to help farmers.
—5 min read
EconomyPolitics
Treasury Warns Gas Stations in Price Gouging Probe
Treasury Secretary Scott Bessent warns gas stations to lower prices as crude oil plummets, launching a price gouging probe. Trump demands $2.50/gallon.
—5 min read
PoliticsEconomy
Trump Dismisses Landmark Housing Bill as 'Big Yawn'
President Trump calls bipartisan housing legislation 'a big yawn' as affordability worsens, sparking criticism from both parties ahead of midterms.
—4 min read
EconomyTrade
Yiwu Off-Season Orders Signal China's Rising Export Path
Yiwu, China's global small commodities hub, sees a surge in off-season orders, reflecting rising exports and a shift toward value-added trade.
—5 min read
TechnologyEconomy
Smart Glasses Near Mass Adoption Inflection Point
China's smart glasses market surges as tech breakthroughs, government subsidies, and AI integration drive mass adoption. Sales grew 106% in H1 2026.
—5 min read
EconomyRegional Development
Foshan Loses Third-City Status, Launches Industrial Overhaul
Foshan lost its position as Guangdong's third-largest city to Dongguan in Q1 2026 and launched an unprecedented industrial restructuring.
—4 min read
Economy
China Logistics Up 5.2% as High-Tech and Green Sectors Rise
China's social logistics total hit 146.6 trillion yuan in Jan-May, up 5.2% YoY, driven by high-tech manufacturing, green energy, and cross-border trade.
—6 min read
Domestic AffairsEconomy
Belgium's July 1: Parcel Tax, Higher Fines, Flexi-Jobs
New regulations hit Belgium July 1: parcel tax on non-EU goods, higher traffic fines, expanded flexi-jobs, pricier service vouchers, and more.
—4 min read
EconomyBusiness
Belgian Inflation Drops to 3.4% in June, Triggers Indexation
Belgian inflation eased to 3.4% in June, crossing the spilindex threshold and triggering wage indexation in September under new centenindex rules.
—4 min read
EconomyCulture
China's Cultural Industry Tops 20 Trillion Yuan in 2025
China's cultural industry revenue exceeded 20 trillion yuan in 2025, up 8.8% YoY, driven by cultural services and new digital business formats.
—4 min read
Domestic AffairsEconomy
Belgian Tax Conciliation Surges 30%, Avoids Court in 6 of 10
Belgian tax conciliation jumped 28% in 2025, over 60% resolved without court. Government plans to transform the service into a binding arbitration body.
—4 min read
EconomyBusiness
EIB Commits Record €3 Billion to Airbus for Innovation
The EIB approved a record €3 billion loan to Airbus, the largest corporate loan in its history, to boost European aerospace innovation.
—4 min read
TechnologyEconomy
South Korea Unveils $1 Trillion AI and Chip Investment Plan
South Korea announces a colossal 455 billion euro investment in AI and semiconductors, positioning itself as a global leader in the technology race.
—6 min read
Energy & EnvironmentEconomy
Europe's Oldest Nuclear Plant Shuts Down Amid Heatwave
A severe heatwave forces shutdown of Europe's oldest nuclear plant and three French reactors, raising questions about climate vulnerability.
—5 min read
TechnologyEconomy
AI Freezes Entry-Level Hiring More Than It Cuts Jobs
Peking University research shows AI is freezing entry-level hiring more than cutting jobs, proposing an AI Employment Compensation Fund for workers.
—5 min read
TechnologyEconomy
Huawei and Cambricon Tighten Grip on China's AI Chip Market
Huawei and Cambricon are set to capture nearly 80% of China's AI server chip market in 2026, accelerating Nvidia's retreat amid US export controls.
—4 min read
Energy & EnvironmentEconomy
China Unveils 15th Five-Year Plan for New Energy System
China releases its 15th Five-Year Plan for a new energy system, targeting 20+ trillion yuan investment and peak coal consumption by 2030.
—5 min read
HealthcareEconomy
China Drug Procurement: From Lowest Price to Clinical Value
China's 12th drug procurement round shifts focus to clinical value, with anti-involution measures and a revival mechanism for originator drugs.
—4 min read
Economy
China's Industrial Profits Surge 18.8% on AI Boom
China's industrial profits rose 18.8% in Jan-May 2026, driven by a 103.9% surge in electronics as AI chip demand soared, while downstream sectors lag.
—4 min read
Economy
China Allocates $8.6B in Third Consumer Trade-In Batch
China releases third batch of 62.5 billion yuan in ultra-long special treasury bonds for consumer goods trade-ins, boosting sales past 1 trillion yuan.
—4 min read
EconomyHousing
China Pushes Housing Fund Reform to Unlock Idle Balances
China accelerates Housing Provident Fund reform as idle balances hit 10.9 trillion yuan. New rules expand withdrawals for rent, renovations and more.
—5 min read
EconomyFinance
Serbia RMB Forum Advances Yuan Internationalization Push
Serbia hosted an RMB forum in Belgrade focused on expanding bilateral financial cooperation with China and advancing yuan internationalization.
—4 min read
Economy
China Revamps Service Fund to Boost Consumption and AI
China revises service industry fund through 2028, prioritizing new consumption growth and AI adoption in consumer sectors with ~6.9 billion yuan allocated.
—4 min read
Weather & HealthEconomy
Belgium Heatwave: Hospitals Overwhelmed, Economy Loses €500M
A severe heatwave gripping Belgium has overwhelmed hospitals, cost the economy over €500M, and sparked controversy at the European Commission.
—5 min read
EconomySociety
Belgium's July 1 Overhaul: Higher Costs, Flexi-Jobs, Rules
Belgium faces major changes July 1: service vouchers rise to €10.60, flexi-jobs expand, a €3 parcel tax, and stricter train rules.
—5 min read
EconomyEnergy
Oil Prices Drop Faster Than Expected After Iran Peace Deal
Oil prices fell nearly $10 in ten days after a US-Iran peace deal. Belgian fuel drops sharply but experts warn the fragile agreement may not hold.
—4 min read
EntertainmentEconomy
BTS in Brussels: 120,000 Fans, Hotel Prices Surge 63%
Up to 120,000 BTS fans descend on Brussels for two concerts, sending hotel prices soaring 63% and transforming the city into Europe's K-pop capital.
—4 min read
EducationEconomy
Will New Student Loan Limits Actually Drive Down Tuition?
As new federal student loan caps take effect July 1, economists are divided on whether the limits will reduce tuition or have unintended consequences.
—5 min read
LegalEconomy
China Revises Trademark Law to Curb 'Bad Faith' Marks
China completes first full revision of its Trademark Law since 1983, introducing strict penalties for 'bad faith' trademarks that mislead consumers.
—4 min read
EconomyFinance
China Issues Record €5B Euro Sovereign Bonds in Luxembourg
China issues record €5 billion euro sovereign bonds in Luxembourg, attracting €24.8 billion in orders, the largest euro bond sale by an Asian sovereign.
—4 min read
EconomyTechnology
Summer Davos Closes in Dalian: Scaling Innovation for Growth
The 2026 Summer Davos Forum concluded in Dalian with 1,800 global leaders focused on scaling innovation and shared development amid economic challenges.
—5 min read
PoliticsEconomy
Belgium's July 1 Overhaul: Job Seeker Cuts and Higher Fines
From July 1, Belgium tightens unemployment rules for 43,000 job seekers, raises traffic fines 10%, and introduces a mandatory 12-hour alcohol ban.
—5 min read
EconomyIndustry
China Industrial Profits Rise 18.8% in Jan-May 2026
China's industrial profits rose 18.8% in Jan-May 2026, driven by AI chip demand and raw materials. NBS warns of supply-demand imbalance.
—4 min read
PoliticsEconomy
Wealth Tax Exposes 'Two Injustices' in Belgian Politics
A Belgian wealth tax proposal targeting the top 5% has ignited a fierce political battle, with experts arguing it reveals two deeper injustices.
—4 min read
PoliticsEconomy
Belgian Politicians Fight to Keep Double Pensions Under Cap
Louis Michel, Karel De Gucht and other top Belgian politicians risk losing double pensions as the government caps EU income.
—5 min read
EntertainmentEconomy
BTS Brings 120,000 Fans to Brussels as Hotel Prices Surge
Up to 120,000 BTS fans are expected in Brussels for two concerts, sending hotel prices soaring 63% and triggering a massive city-wide mobilization.
—4 min read
Economy
Key Inflation Gauge Hits 3-Year High as Mortgage Rates Climb
The Fed's preferred inflation gauge surged to 4.1% in May, a three-year high, as mortgage rates hover near 6.5% and the Iran war drives energy costs.
—5 min read
EconomyInternational Trade
South Korea Platform Law Could Cost US States $525B
South Korea's proposed platform law could cost US states $525B over a decade, with California facing $123B in losses, model estimates.
—4 min read
TechnologyEconomy
Apple Raises Prices on iPads, Macs and HomePod Amid AI Surge
Apple hikes prices on Macs, iPads, HomePods, and Apple TV by up to $1,300 due to AI-driven memory chip costs. iPhones could be next in line.
—4 min read
EconomyInnovation
Summer Davos Forum Highlights China's Innovation Drive
At the Summer Davos Forum in Dalian, global leaders and CEOs highlighted China's transformation into an innovation powerhouse amid economic uncertainty.
—5 min read
FinanceEconomy
Evergrande Property Stake Sale Collapses, Shares Dive
Evergrande Property Services stake sale collapses after exclusive talks with state-owned buyer fail, sending shares down and hurting creditor recovery.
—5 min read
EconomyTourism
Chinese Cities Roll Out Summer Tourism Vouchers
Chinese cities launch summer tourism policies with over 80 million yuan in vouchers and subsidies to boost domestic travel during peak season.
—5 min read
EconomyEnergy
Belgium Nuclear Buyout: State Risks Being Outgunned by Engie
Belgium's nuclear buyout from Engie faces scrutiny as questions mount over ministerial expertise and the state's ability to negotiate a fair deal.
—4 min read
EconomyEnergy
Oil Prices Drop to Pre-Iran War Levels: Relief at the Pump?
Oil prices have fallen to pre-Iran war levels around $73 per barrel. But gas prices remain high and winter risks loom for Belgian consumers.
—5 min read
EconomyPolitics
Piketty: Tax the Rich to Fight Climate Change and Inequality
Thomas Piketty proposes taxing the wealthiest to fund the green transition and reduce inequality, citing a 90% top rate that fueled US prosperity.
—4 min read
PoliticsEconomy
Belgian Chamber Approves 2026 Budget Adjustment
Belgium's Chamber of Representatives approves the 2026 budget adjustment, a technical fix that sets the stage for tough multi-year fiscal negotiations.
—4 min read
EconomyChina
China Extends Housing Tax Refund for Home Buyers to 2027
China extends personal income tax refund for home buyers trading up to new properties, effective through December 2027.
—4 min read
PoliticsEconomy
Belgium to Cap Combined Pensions for Former EU Officials
Belgian government plans to cap combined Belgian and EU pensions at €16,000 per month, targeting former politicians who exceed the legal maximum.
—4 min read
PoliticsEconomy
China's NPC Advances Landmark Financial Law in Major Session
China's top legislature concludes its 23rd session, reviewing landmark financial legislation, unified market reforms, and lawyer law amendments.
—5 min read
EconomyFinance
Binance to Halt EU Services After Failing MiCA License Bid
Binance will suspend crypto services in Belgium and other EU countries from July 1 after failing to obtain a MiCA license before the regulatory deadline.
—4 min read
TransportEconomy
Letec in Crisis: Heatwave, Breakdown, and Austerity
Walloon bus operator Letec faces heatwave disruptions, customer service collapse, and a new austerity contract demanding 20M in savings.
—4 min read
AgricultureEconomy
Farmers See Little Relief Despite Iran Fertilizer Deal
Urea prices fell 50% after the U.S.-Iran peace deal, but American farmers say on-farm relief remains months away as planting damage is already done.
—4 min read
PoliticsEconomy
Newsom Backs National Billionaires Tax, Opposes State One
California Gov. Gavin Newsom calls for a national billionaires tax while opposing a similar state measure, drawing accusations of hypocrisy.
—5 min read
PoliticsEconomy
China Daily: Diplomacy, Energy, Tech Lead June 26 News
Xi Jinping meets Cambodian and Bangladeshi leaders; China unveils 20 trillion yuan energy plan; 6G enters system verification; AI reshapes management.
—4 min read
PoliticsEconomy
China Daily: Diplomacy, Energy, Tech Lead June 26 News
Xi Jinping meets Cambodian and Bangladeshi leaders; China unveils 20 trillion yuan energy plan; 6G enters system verification; AI reshapes management.
—4 min read
EconomyFinance
PBOC Injects 200 Billion Yuan Net via MLF Operation in June
China's PBOC conducted a 500 billion yuan MLF operation on June 25, injecting 200 billion yuan net into the banking system amid shifting liquidity.
—5 min read
EconomyTrade
China-Europe Railway Express: Weaving a New Silk Road
The China-Europe Railway Express surpasses 130,000 trips and $520B in cargo value on its 10th anniversary, weaving a modern Silk Road across Eurasia.
—4 min read
International AffairsEconomy
Who Profits from the Iran War? America's War Business
A Xinhua analysis examines how America's military-industrial complex profits from the Iran conflict while taxpayers and consumers bear the costs.
—6 min read
PoliticsEconomy
Belgian Socialists Dismiss Odoo CEO Wealth Tax Threat
Belgium's PS dismisses Odoo CEO Fabien Pinckaers' threat to leave over wealth tax, challenges Les Engagés to submit a formal bill amid budget crisis.
—4 min read
EconomyIndustry
Charleroi Threatens Expropriation of Riva Steel Site
Charleroi threatens to expropriate Riva Group's Thy-Marcinelle steelworks to secure the site's future amid a 26-day strike and EU sanctions deadline.
—4 min read
EconomyEnergy
Belgian Gasoline Prices Drop to Lowest Since March
Maximum gasoline prices in Belgium fall to their lowest level since March, offering relief to motorists as Brent crude drops to nearly $76 per barrel.
—4 min read
FinanceEconomy
ING Boosts Savings Rates to 3.10% After ECB Rate Hike
ING Belgium raises savings rates from July 1, with Tempo Sparen reaching 3.10%. The move follows the ECB's first rate hike in nearly three years.
—4 min read
EconomyPolitics
Inflation Hits 3-Year High as Iran War Lifts Energy Prices
The Fed's preferred inflation gauge hit 4.1% in May, a three-year high, driven by energy costs from the Iran war. Core inflation rose to 3.4%.
—5 min read
TechnologyEconomy
Tech Giants Join RAISE US to Ease AI Transition for Workers
OpenAI, Amazon, Microsoft, and Anthropic back RAISE US, a $500M bipartisan initiative led by Gina Raimondo to retrain American workers displaced by AI.
—5 min read
Economy
China Economy: Rail Freight Surges, Ad Revenue Tops 2T
China's economy: EU-China rail freight surges 10.8x, advertising revenue tops 2 trillion yuan, real estate stabilizes, and Summer Davos Forum convenes.
—5 min read
Culture & SocietyEconomy
Shanghai Grand Opera House Opens; China Modernizes Grain, EV
Shanghai's fan-shaped Grand Opera House is complete. China upgrades grain storage with AI, warns of rhinovirus, and sees NEV rivalry heat up.
—4 min read
EconomyConsumer
China Allows Same-Day Car Purchase and Registration
China announces same-day car purchase and registration for domestic vehicles, streamlining processes for over 20 million cars annually.
—4 min read
Science & TechnologyEconomy
China's AI Models Lead Global Token Calls for Eighth Week
Chinese AI large models lead global token call volume for eight consecutive weeks, reaching 18.81 trillion weekly tokens, more than triple the US figure.
—5 min read
EconomyGlobal Affairs
2026 Summer Davos: Global Leaders Gather in Dalian, China
The 2026 Summer Davos Forum in Dalian brings together 1,700+ global leaders to discuss innovation, AI, green energy, and economic cooperation.
—5 min read
EconomyRegional Development
China's Autonomous Regions GDP Reaches 8.66 Trillion Yuan
China's five autonomous regions hit 8.66 trillion yuan combined GDP in 2025, a 2.66-fold rise from 2012, as Beijing highlights ethnic region growth.
—4 min read
EconomyAutomotive
Zhejiang Challenges Anhui for China's Top NEV Province Title
Zhejiang challenges Anhui for China's top NEV production title, with the lead changing hands multiple times in 2026 amid fierce regional competition.
—5 min read
EconomyBusiness
China's Ad Revenue Breaks 2 Trillion Yuan for First Time
China's ad industry revenue exceeded 2 trillion yuan in 2025, a 32.6% jump, marking a historic milestone driven by digital growth and policy support.
—5 min read
EconomyReal Estate
China's Property Market Stabilizes in Major Cities
China's real estate market maintains stability as first-tier cities see price rebounds, though divergence persists between major hubs and smaller cities.
—4 min read
InternationalEconomy
Belgian Shipowners Warn of Mine Danger in Hormuz Evacuation
Belgian shipowners urge safety-first approach as UN evacuates 900 ships and 11,000 seafarers from the mined Strait of Hormuz after US-Iran deal.
—4 min read
PoliticsEconomy
De Wever Urges Budget Discipline as Belgium Faces Tightrope
Belgian PM Bart De Wever urges coalition leaders to avoid 'too crazy proposals' as the government races to finalize a federal budget before July 6.
—4 min read
PoliticsEconomy
Michigan Candidate Accuses Trump Blocking Bridge for Donor
Mallory McMorrow launches ad accusing Trump of blocking the Gordie Howe Bridge to benefit a billionaire donor who gave $1M to his super PAC.
—5 min read
EconomyHousing
Falling Housing Prices: Good News or Bad? Planet Money Guide
Planet Money analysis explores when declining home values signal a healthy market correction and when they point to economic collapse.
—5 min read
Science & TechnologyEconomy
China's 'AI Plus' Strategy Moves to Large-Scale Deployment
China's 'AI Plus' initiative shifts from pilots to full-scale deployment, with AI core industry exceeding 1.2 trillion yuan and 93% workplace adoption.
—5 min read
Science & TechnologyEconomy
China's AI Boom Rewires Power Grid, Pushes Hubs to Deserts
China's AI boom is reshaping its power grid as data center energy demand surges, driving virtual power plants and pushing hubs to desert regions.
—7 min read
EconomyFinance
Global Issuers Flock to Yuan Bonds at Record Pace
Panda bond issuance surges to 153 billion yuan in 2026 as foreign borrowers lock in cheaper financing, signaling growing global confidence in the yuan.
—5 min read
EconomyFinance
China Stamp Tax Surges 88.8% as Market Activity Booms
China's securities stamp tax revenue jumped 88.8% in Jan-May 2026 to 126.2 billion yuan, reflecting surging stock market turnover.
—4 min read
EconomyCulture
Dragon Boat Festival: 124M Trips, 44.5B Yuan Tourism Revenue
China's Dragon Boat Festival saw 124M domestic trips and 44.5B yuan in revenue, with folk culture, sports tourism, and early summer travel driving growth.
—4 min read
Politics & LawEconomy
China Reviews Landmark Financial Law and Procurement Reforms
China's NPC reviews draft Financial Law and Government Procurement Law revision, a major step toward unified financial regulation.
—4 min read
EconomyChina
Nearly 4,000 Foreign Firms Boost Investment in China
Nearly 4,000 foreign-invested enterprises expanded in China during Jan-May 2026, as Commerce Ministry data shows surging confidence in the Chinese market.
—4 min read
PoliticsEconomy
Belgium's 'Accordeon Week' Plan Divides Coalition and Unions
Belgium's government is split over the 'accordeon week' proposal for annualized hours. Unions warn of lost overtime pay as employers tout flexibility.
—5 min read
EconomyPolitics
Belgium's Richest Families Hold €85.5 Billion in Luxembourg
Investigation reveals Belgium's 50 wealthiest families manage €85.5 billion through Luxembourg companies, reigniting debate on tax fairness.
—5 min read
PoliticsEconomy
Belgium Wealth Tax: Coalition Partners Clash Over Fortunes
Les Engagés proposes a 0.3% tax on financial wealth over €500,000, sparking fierce opposition from coalition partner MR amid Belgium's budget crisis.
—4 min read
EconomyFinance
Belgium Launches €2 Billion Partial Privatization of Belfius
Belgium sells 20% of state-owned Belfius bank for €2 billion, raising questions about fiscal strategy and the bank's future public role.
—4 min read
EconomyPolitics
Pension Bonus and Malus Counters Go Live on mypension.be
Belgian workers can now track pension bonus and malus counters on mypension.be, offering real-time transparency on retirement benefits.
—4 min read
TechnologyEconomy
China's AI+ Strategy Shifts From Pilots to Industrial Scale
China's AI+ initiative moves from pilots to large-scale industrial deployment, backed by the 15th Five-Year Plan and a $100B AI market forecast.
—5 min read
TechnologyEconomy
AI Chip Competition: Who Can Challenge Nvidia's Dominance?
The AI chip market is shifting as CPUs resurge, custom ASICs rise, and supply chains diversify. Can Nvidia maintain its 80% market share?
—6 min read
EconomyCulture
Dragon Boat Festival: 124M Trips, $6.1B in Revenue
China's Dragon Boat Festival saw 124 million domestic trips and 44.5 billion yuan in revenue, with dragon boat racing and homestay stays driving growth.
—4 min read
EconomyFinance
China Securities Stamp Tax Surges 88.8% on Market Boom
China's securities transaction stamp tax revenue surged 88.8% YoY to 126.2 billion yuan in Jan-May 2026, reflecting surging stock market activity.
—4 min read
TechnologyEconomy
How AI Is Powering China's Trillion-Yuan Emotional Economy
AI is transforming China's 2.72 trillion yuan emotional economy. Guangming Daily explores how technology is reshaping consumer emotions.
—4 min read
EconomyTourism
Dragon Boat Festival Drives 650M Trips and Tourism Surge
China's Dragon Boat Festival holiday drove over 650 million trips, with cultural tourism booming, inbound travel up 31%, and consumer spending surging.
—4 min read
InfrastructureEconomy
Three Gorges New Navigation Channel Excavation Passes 50%
Excavation on the Three Gorges new navigation channel has passed 56% completion, marking rapid progress on China's $107 billion mega-project.
—4 min read
EconomyPolicy
China's Tax Reform Eases Burden on Low-Income Earners
China's personal income tax reform eases burdens on low-income earners as higher-income individuals contribute most revenue, with over 70% exempt.
—5 min read
Economy
China's Economy Shows Strength in Plan Opening Year
China's economy shows resilience in the 15th Five-Year Plan's opening year, with 5.0% Q1 GDP growth, surging trade, and advances in AI.
—4 min read
EconomyFinance
Belgium to Sell 20% Stake in Belfius Bank for €2 Billion
Belgium seeks a buyer for 20% of Belfius bank, aiming to raise €2 billion to reduce national debt while retaining 80% ownership.
—4 min read
Economy
Belgian Consumer Confidence at Highest Level in 20 Years
Belgian consumer confidence rose to -7 in June 2026, the highest level in two decades, as households grow more optimistic about the economy.
—4 min read
Legal & PolicyEconomy
China Advances Legal Reforms: CPA, Trademark, Antarctic
China advances three legal reforms: CPA law targeting financial fraud, trademark law cracking down on bad-faith registrations, and Antarctic tourism.
—5 min read
EconomyEnergy
Oil Falls Below $75 as Hormuz Traffic Recovers After Waiver
Oil drops below $75 for first time since March as Treasury issues 60-day Iran waiver and Strait of Hormuz traffic recovers, signaling de-escalation.
—5 min read
EconomyTax Policy
North Dakota Rises as Surprising Tax-Friendly Contender
North Dakota is quietly building one of America's most competitive tax systems, using oil wealth to keep income taxes low and challenge Texas and Florida.
—4 min read
EconomyMigration
California Exodus 2.0: Tech IPOs Fuel Flight to Florida
SpaceX's record IPO and looming tech IPOs could trigger a new wave of wealth migration from California to Florida, driven by tax and regulatory concerns.
—4 min read
ObituariesEconomy
Alan Greenspan, Former Federal Reserve Chairman, Dies at 100
Alan Greenspan, who served as Federal Reserve chairman from 1987 to 2006 and shaped U.S. monetary policy through boom and crisis, has died at 100.
—5 min read
International GeopoliticsEconomy
Iran Closes Strait of Hormuz Ahead of Key US-Iran Talks
Iran announces closure of the Strait of Hormuz hours before US-Iran talks in Switzerland, escalating tensions and threatening global oil markets.
—5 min read
EconomyTrade
China Exports Surge 19% as $9B Stimulus Targets Consumption
China's May exports surged 19% on AI-chip demand while retail sales shrank, prompting a fresh $9.2 billion consumer stimulus package.
—5 min read
TechnologyEconomy
China's AI Pricing Debate and YMTC's IPO Restructuring
China's AI industry debates charging for large language models as costs soar, while chipmaker YMTC restructures for a mega IPO amid a memory super-cycle.
—5 min read
FinanceEconomy
Shanghai Unveils Landmark Offshore Finance Blueprint
Shanghai launches a landmark offshore financial system at the Lujiazui Forum, with a three-phase plan including offshore RMB trading and FTZ bonds.
—6 min read
Financial MarketsEconomy
Gold Erases 2026 Gains as Goldman Sachs Slashes Price Target
Gold prices have wiped out all 2026 gains, falling over 22% from January's peak. Goldman Sachs and Citi slash targets as the Fed turns hawkish.
—4 min read
Real EstateEconomy
Shanghai Luxury Home Sales Slow as Buyers Get Picky
Shanghai luxury home sales over 100,000 yuan/sqm slow as buyers grow selective. Sales of 35M+ yuan homes drop 30% YoY in a cooling high-end market.
—5 min read
HealthcareEconomy
China Launches Drug Price Comparison Tool for Lower Costs
China's NHSA launches a nationwide drug price comparison mini-program across all 31 provinces, helping patients compare prices and reduce medication costs.
—4 min read
TechnologyEconomy
YMTC Cedes Foundry Unit Control Ahead of Mega IPO
Chinese chipmaker YMTC sells 39% stake in foundry unit Wuhan Xinxin to state-backed fund, clearing path for blockbuster $44B STAR Market IPO.
—4 min read
EconomyTechnology
China Unveils Plan for Platform Economy Collaboration
Seven Chinese ministries issue a three-year action plan to remove bottlenecks between large and small enterprises in the platform economy.
—5 min read
EconomyFinance
Belfius Sale Likely to Raise Banking Costs for Consumers
Belgium's planned sale of a 20% stake in state-owned Belfius could lead to higher bank fees, experts warn. The €2 billion privatization begins Monday.
—4 min read
Lifestyle & CultureEconomy
Non-Alcoholic Beer Surges in Belgium: Trend or Shift?
Non-alcoholic beer consumption surged 32% in Belgium in 2025. Experts debate whether this marks a genuine societal shift or a passing fad.
—5 min read
EconomyHousing
Income Needed to Buy a Home Nearly Doubles Since 2020
Harvard report finds income needed for a median-priced home has surged to over $120,000, nearly doubling since 2020 as the housing crisis deepens.
—5 min read
EconomyFinance
Kevin Warsh Takes Over as Fed Chair: What Changes to Expect
Kevin Warsh takes over as Federal Reserve Chair, bringing shorter statements, hawkish signals, and task forces. Here's what his leadership means.
—5 min read
EconomyPolitics
China's Exports Surge 19% as Domestic Consumption Shrinks
China's June 21 roundup: ICBM analysis, $9B stimulus, 19% export surge, YMTC IPO restructuring, NSA spy pop-up warning, and anti-corruption.
—5 min read
EconomyTechnology
China's May Exports Surge 19% on AI Chips and EV Boom
China's exports surged 19.4% in May 2026 on AI chip demand and EV exports. Analysts warn the boom masks weak domestic consumption.
—4 min read
EconomyChina
China Injects $9 Billion Stimulus as Retail Sales Shrink
China injects $9.2 billion in new consumer subsidies as May retail sales post first decline since 2022, signaling challenges for domestic demand.
—5 min read
TechnologyEconomy
China Opens STAR Market Listing for AI Large Model Firms
China expands STAR Market listing standards to AI large model firms, enabling unprofitable tech giants to access A-share capital markets for growth.
—4 min read
EconomyPolitics
Belgium's Richest 50 Hold €85.5 Billion in Luxembourg Assets
Investigation reveals Belgium's 50 wealthiest families hold €85.5 billion in Luxembourg companies, sparking debate on tax justice and wealth inequality.
—4 min read
Social PolicyEconomy
Belgium Unemployment Reform: Only 1 in 10 Excluded Find Work
Only one in ten Belgians who lost unemployment benefits under Belgium's reform have found work, new ONEM data reveals, raising questions about the policy.
—5 min read
EnergyEconomy
Belgium Pays €27 Million in Nuclear Subsidies for First Time
Belgium paid 27 million euros to keep Doel 4 and Tihange 3 reactors running, the first nuclear subsidies this century amid a push for state takeover.
—4 min read
PoliticsEconomy
Plan Oxygène: 100M Euros Spent on Struggling Walloon Towns
Wallonia's Plan Oxygène has cost 100 million euros since 2022, covering loan interest for 27 struggling municipalities.
—4 min read
Local GovernmentEconomy
Molenbeek's 'Truth Budget': €312,000 Deficit, 40 Layoffs
Molenbeek-Saint-Jean presents a 'truth budget' with a €312,000 deficit, 40 layoffs, and reduced bonuses as the Brussels commune faces financial pressures.
—4 min read
EconomyReal Estate
Income Needed for a Home Nearly Doubles Since 2020
Harvard report: income needed for a median-priced home surged from $66,000 to over $120,000 since 2020, deepening the housing affordability crisis.
—6 min read
PoliticsEconomy
SNAP Decline: 4 Million Fewer Under New Work Requirements
SNAP enrollment dropped by 4 million after work requirements expanded. Experts are divided on whether the decline signals progress or a hunger crisis.
—7 min read
PoliticsEconomy
Trump's Stock Trades Surge to 3,600, Raise Ethics Questions
Trump's accounts executed over 3,600 stock trades worth up to $695 million in three months, sparking bipartisan calls for ethics investigations.
—5 min read
TechnologyEconomy
Meta Invests $115M in Free Training for AI Data Center Jobs
Meta's $115M America's Workforce Academy offers free tuition, paid training, and guaranteed jobs in skilled trades for AI data center construction.
—5 min read
TechnologyEconomy
China Unveils 'AI + Consumption' Policy by Eight Ministries
Eight Chinese ministries jointly issue 'AI + Consumption' opinions with 17 measures to integrate AI into smart homes, elderly care, education and more.
—5 min read
EconomyAsia
Hong Kong Rises to Second in 2026 Competitiveness Rankings
Hong Kong climbs to second in the 2026 IMD World Competitiveness Yearbook, its highest since 2019, led by top tax policy and business legislation.
—4 min read
EconomyRegulation
China Moves to Curb Food Delivery 'Subsidy Wars'
China's market regulator proposes new rules to rein in excessive food delivery subsidies, targeting 'involution-style' competition distorting the market.
—4 min read
EconomyTechnology
China Issues Action Plan for Platform Economy Collaboration
Seven Chinese government departments release a 2026-2028 action plan for coordinated development of large and small enterprises in the platform economy.
—5 min read
EconomyEnergy
China's 92-Octane Gasoline Returns to '7 Yuan Era'
China's 92-octane gasoline drops back to 7.8-7.9 yuan/liter after NDRC cuts prices by 515 yuan/ton. Analysts predict a third consecutive cut on July 3.
—4 min read
EconomyReal Estate
China's First-Tier Housing Markets Show Stabilization Signs
China's first-tier cities report four consecutive months of housing price growth amid policy support, signaling a potential market stabilization.
—5 min read
EconomyAgriculture
China's Pork Prices Rebound: Has the Pig Cycle Turned?
Pork prices in China have rebounded for consecutive days, sparking debate over whether the pig cycle has turned. Experts analyze the outlook.
—5 min read
EconomyTechnology
China's 618 Shopping Festival Shows New Consumer Vitality
China's 618 shopping festival shows 7.7% online retail growth, AI-powered e-commerce, and a surge in health and service consumption.
—4 min read
Trade & InfrastructureEconomy
China-Europe Railway Trips Surge 10.8-Fold in a Decade
China-Europe Railway Express annual trips surge 10.8-fold in a decade, linking 129 Chinese cities with 236 cities across 26 European countries.
—5 min read
Energy & InfrastructureEconomy
China's First Transmission Rights Auction Reshapes Grid
China completes its first transmission rights transaction on the Yunxiao DC channel, shifting power allocation from planning to market bidding.
—5 min read
EconomyInvestment
Foreign Investors More Confident in Allocating to China
At the 2026 Lujiazui Forum, global investors expressed rising confidence in China, citing economic resilience, AI innovation, and opening-up policies.
—4 min read
EconomyEnergy
Belgium Energy Excise Reform: Who Pays and Who Saves?
Belgium's energy excise reform shifts taxes from electricity to fossil fuels starting August 2026. See how much your household will pay or save.
—4 min read
EconomyPolitics
Belgium Expands Flexi-Job System to All Sectors from July 1
Belgium's flexi-job system expands to all sectors July 1. Workers earn up to €18,440 tax-free. Critics warn of social costs and job displacement.
—5 min read
EconomyBelgium
Student Work Surges in Belgium: 650,000 Now Hold Jobs
New ONSS data reveals nearly 650,000 Belgian student workers, a 25% increase in a decade. Critics warn reform is displacing regular jobs.
—6 min read
EconomyPolitics
Brussels Horeca Protests Parking Prices: 'Dying in Droves'
Brussels hotel, restaurant and café owners protest soaring parking prices, saying costs are driving customers away and threatening business survival.
—4 min read
Economy
Belgian Diesel Drops to €1.903 as Oil Tensions Ease
Belgium's SPF Economy announces diesel prices will fall to €1.903 per liter on Saturday, the second drop in a week amid easing US-Iran tensions.
—4 min read
EconomyBelgium
Den Otter Trucks buys Van Hool site in Lier after mix-up
Dutch truck firm Den Otter Trucks buys Van Hool's 30-hectare site in Lier for EUR 21.5 million, after mayor mistakenly named Turkish firm as buyer.
—5 min read
EconomyBelgium
Van Hool Site Sold for €21.5 Million Amid Buyer Confusion
The former Van Hool site in Koningshooikt sold for €21.5 million to Dutch firm Den Otter Trucks, with brief confusion over the buyer's identity.
—5 min read
Economy
Belgian Flag Surges to Fourth in Europe as Fleet Triples
The Belgian merchant fleet surged to 4th in Europe by tonnage, driven by tax reform and a major merger. The fleet grew from 80 to 210 ships.
—4 min read
EconomyHousing
Income for Median-Priced Home Nearly Doubles Since 2020
Harvard report: Income needed for a median-priced US home nearly doubled to $120,000 since 2020 as prices outpace wages.
—4 min read
TechnologyEconomy
O'Leary Warns US Data Center Delays Hand AI Edge to China
Kevin O'Leary warns China will dominate AI if US keeps stalling data center production, sparking debate over national security and competitiveness.
—5 min read
EducationEconomy
Trump Administration Cuts Student Loan Interest for Auto-Pay
The Trump administration announces a temporary 1% student loan interest rate cut for auto-pay enrollees amid rising delinquencies and a system overhaul.
—4 min read
EconomySocial Policy
Bank King Card Launched to Aid Single Mothers in Poverty
Redemption Bank launches Bank King Card on Juneteenth, donating from each account to guaranteed income programs for single mothers in government housing.
—5 min read
Economy
US Gas Prices Dip Below $4 for First Time Since March
US gas prices fell below $4 per gallon for the first time since March after the US-Iran peace deal, but remain 25% higher than last year amid inflation.
—5 min read
TechnologyEconomy
China Opens STAR Market to Unprofitable AI Startups
China advances AI and smart infrastructure: STAR Market opens to unprofitable AI firms, first smart ship completes trial, buildings get digital IDs.
—6 min read
EconomySocial Policy
China Unveils Five-Year Plan to Tackle Youth Job Crisis
China's State Council issues a sweeping employment strategy for 2026-2030, targeting youth unemployment, AI disruption, and structural labor mismatches.
—5 min read
AgricultureEconomy
China Confirms Bumper Summer Grain Harvest Despite Adversity
China's summer grain harvest exceeds 90% completion, with a bumper crop confirmed despite historic flooding, pest pressures, and adverse weather.
—4 min read
Economy
Hainan Free Trade Port: Six-Month Business and Trade Surge
Six months after customs closure, Hainan Free Trade Port reports 172,100 new businesses, 54.6% trade growth, and zero-tariff imports up 120%.
—5 min read
EconomyTrade
Hainan Free Trade Port: Tangible Gains Six Months On
Six months after full closure, Hainan Free Trade Port reports 123% surge in new enterprises, doubled zero-tariff imports, and booming tourism.
—5 min read
EconomyInfrastructure
China Expands Logistics Network to Boost Real Economy
China upgrades its national logistics network under the Six Networks strategy, with 229 hubs planned and major investments driving supply chain efficiency.
—5 min read
EconomyTechnology
China's Five-Year Plan Targets AI and Gig Worker Challenges
China's State Council releases a five-year employment plan addressing AI disruption, flexible worker protections, and full employment goals through 2030.
—4 min read
EconomyRegulation
China to Curb Food Delivery 'Subsidy Wars' with New Rules
China's market regulator proposes new rules to rein in food delivery platform subsidy wars that have distorted competition and hurt small businesses.
—5 min read
EconomyEnvironment
China's Green Transition Opens Doors for Multinational Firms
At the 7th Qingdao Summit, 357 multinationals from 44 countries explored green investment as China's 15th Five-Year Plan accelerates sustainable growth.
—4 min read
EconomyBusiness
2026 China Brand Forum Held in Xiong'an
The 2026 China Brand Forum convened in Xiong'an, gathering policymakers and industry leaders to discuss brand innovation under the 15th Five-Year Plan.
—4 min read
TechnologyEconomy
China's Smart Computing Capacity Surges 2.5x, NDRC Says
China's NDRC announces smart computing capacity reached 188.2 PFLOPS by end of March, 2.5 times last year's level, as AI infrastructure accelerates.
—4 min read
EconomyPolicy
China Unveils Major Economic Reforms in Green, Finance, Jobs
China announces major economic reforms on June 18: green transition initiatives, new employment strategy, QDII quotas, and financial opening pledges.
—5 min read
HealthcareEconomy
Fewer Than Half of Americans Can Afford Quality Healthcare
Only 49% of U.S. adults can afford quality healthcare, a five-year low. The West Health-Gallup poll shows 2.8 million more lost affordability in 2025.
—5 min read
PoliticsEconomy
Trump's Iran Deal Splits GOP as Gas Prices Drop Below $4
Trump's Iran deal splits Republicans as gas prices drop below $4. A new poll finds most Americans disapprove of Trump's handling of the economy.
—5 min read
PoliticsEconomy
California Billionaire Tax Qualifies for November Ballot
A proposed 5% tax on California billionaires to fund healthcare is slated for the November ballot, sparking a fierce battle between unions and Newsom.
—6 min read
EconomyEmployment
Teens Face Tough Summer Job Search as Jobless Rate at 14.7%
Teen unemployment hit 14.7% in May 2026 as inflation and competition from older workers create one of the toughest summer job markets in decades.
—4 min read
EconomyTravel
Jet Fuel Prices Are Falling, but Airfares Won't Follow Soon
Jet fuel prices have dropped to their lowest since the Iran war began, but airlines are unlikely to pass savings to passengers anytime soon.
—4 min read
EconomyChina
China Retail Sales Shrink for First Time Since 2022
China's retail sales fell 0.6% in May, the first decline since 2022, as consumer spending weakens and property woes deepen, signaling economic pressure.
—5 min read
EconomyReal Estate
China's May Economy: Steady Growth, Housing Recovery Signs
China's May economy shows steady growth as high-tech manufacturing surges 15.1% and first-tier housing prices rise, signaling market stabilization.
—5 min read
BusinessEconomy
NIO Founder Warns China Car Sales Could Plunge 20% in 2026
NIO founder William Li predicts China's auto sales will fall 15-20% in 2026 as the market enters its most brutal phase of competition.
—4 min read
InfrastructureEconomy
China's Trillion-Yuan Pipeline Network Fuels Urban Renewal
China launches a 5-trillion-yuan underground pipeline upgrade across 2,000+ cities, using AI and IoT to modernize aging infrastructure.
—4 min read
BusinessEconomy
7th Multinational Summit Opens in Qingdao for Business
The 7th Multinational Corporation Leaders Summit opens in Qingdao with 357 global firms, as China signals openness to foreign investment.
—4 min read
TechnologyEconomy
China's Heavy Trucks Go Smart: Autonomous Driving Push
China leads globally with 2,108 autonomous trucks as the heavy truck industry advances smart driving in mines, ports, and highways.
—5 min read
InfrastructureEconomy
China's $970B 'Six Networks' Infrastructure Drive for 2026
China's NDRC advances the 'Six Networks' plan with over 7 trillion yuan in 2026 investment, targeting water, power, computing, and logistics.
—4 min read
FinanceEconomy
China Banks Tighten Gold Risk Controls Amid Price Swings
China's six largest banks raise gold margin requirements to 120% amid extreme price volatility, signaling a systemic shift in risk management.
—4 min read
FinanceEconomy
China's Central Bank Unveils Major Reforms at Lujiazui Forum
PBOC Governor Pan Gongsheng announces six major reforms at the 2026 Lujiazui Forum, including offshore RMB forex trading and a new FIMA RMB Repo facility.
—5 min read
PoliticsEconomy
Walloon Cities Sound Alarm Over Financial Crisis
Wallonia's major cities warn of a deepening financial crisis as rising costs and insufficient funding threaten essential public services.
—4 min read
EconomyBusiness
Colruyt Loses Market Share but Refuses Sunday Openings
Colruyt loses market share to Sunday-opening rivals. CEO Stefan Goethaert explains why the chain won't open Sundays without labor cost reform.
—4 min read
InfrastructureEconomy
Charleroi Invests €50M in Major R9 Ring Road Renovation
Charleroi announces €50 million renovation of the R9 ring road, including tunnels, viaducts, and Boulevard Mayence, with work starting in early 2027.
—4 min read
TechnologyEconomy
Nvidia CEO Jensen Huang Calls for New AI Social Norms
Nvidia CEO Jensen Huang calls for new social norms in the age of AI, urging widespread adoption while addressing regulation and manufacturing challenges.
—5 min read
BusinessEconomy
Musk's Delaware Feud Triggers $3 Trillion Corporate Exodus
Elon Musk's legal battle with Delaware over his Tesla pay sparked a mass corporate exodus, with over $3 trillion in market cap leaving the state.
—6 min read
Politics & PolicyEconomy
Lincoln, Illinois Fears Future as Prison Closure Looms
The closure of Logan Correctional Center threatens to devastate Lincoln, Illinois, a town already reeling from the loss of colleges and factories.
—5 min read
PoliticsEconomy
Unlikely Coalition Opposes California Billionaire Tax
Progressive groups, unions, and tech billionaires unite to oppose California's proposed billionaire tax ahead of the June 25 ballot deadline.
—5 min read
EconomyReal Estate
China Housing Price Declines Narrow in May
China's housing price declines narrowed across all city tiers in May 2026, with first-tier cities seeing monthly gains, signaling market stabilization.
—4 min read
PoliticsEconomy
Belgium's €7B Budget Effort Falls Short, Minister Warns
Belgian Budget Minister Van Peteghem warns the €7 billion budget exercise is insufficient, as deficit projections worsen and coalition divisions deepen.
—4 min read
Economy
NBS: Profit Differentiation Widens as Enterprise Costs Rise
China's NBS reports rising enterprise costs and profit differentiation across industries, with mid-to-downstream firms facing temporary pressures.
—4 min read
EconomyInfrastructure
China-Europe Rail Eastern Corridor Hits 40,000 Trips
The China-Europe Railway Express Eastern Corridor surpassed 40,000 trips, shipping over 3.9 million TEUs as the busiest transcontinental rail corridor.
—4 min read
EconomyChina
China's Economy Steady as High-Tech Manufacturing Surges
China's economy grew steadily in Jan-May 2026 with industrial output up 5.4%, but weak demand and real estate challenges persist, NBS data shows.
—5 min read
International PoliticsEconomy
EU Approves Turnberry Deal as Trump Threatens New Surtaxes
European Parliament approves Turnberry trade deal as Trump proposes new tariffs of up to 12.5% on EU goods over forced labor concerns.
—5 min read
EconomyPolitics
Record €7.3M Energy Fines for Builders: How to Avoid Them
Flemish authorities issued a record €7.3 million in EPB energy fines in 2025. Learn why fines are soaring and how builders can avoid costly penalties.
—4 min read
Economy
New EU Tax on Non-EU Packages: What It Means for Your Orders
From July 1, a new EU levy adds €3 per item on non-European packages from Temu, Shein, and Amazon. Here’s how much more you’ll pay and why.
—5 min read
EducationEconomy
Teacher Pay Market-Conform, Directors Lag 28% Behind Private
A confidential Flemish report reveals teachers earn market-conform salaries, but school directors face a 24-28% pay gap versus private sector.
—5 min read
TransportEconomy
Brussels Airport Operations Resume After Aviapartner Strike
Brussels Airport returns to normal after a 24-hour spontaneous strike by Aviapartner ground staff disrupted 60 flights. Conciliation talks are underway.
—4 min read
PoliticsEconomy
Walloon Budget Debate: PS Warns of Painful Austerity Cuts
Christie Morreale of Belgium's Socialist Party criticizes the Walloon budget adjustment, arguing savings can be made without harming citizens.
—4 min read
BusinessEconomy
Walloon SME Elneo Acquires Rivals in France and Netherlands
Belgian compressed air specialist Elneo buys Alto Instruments and Airtec Pneumatic Engineering, boosting revenue to €30 million.
—4 min read
BusinessEconomy
Neuhaus Opens First Mumbai Store, Bringing Pralines to India
Belgian chocolate maker Neuhaus opens its first Indian boutique at Navi Mumbai International Airport, with a second store in Mumbai following in July.
—4 min read
BusinessEconomy
Syensqo at a Crossroads: New CEO Charts a Bold Path Forward
Syensqo CEO Mike Radossich unveils a strategic pivot toward advanced materials and aerospace, launching a review of the Performance & Care segment.
—5 min read
TechnologyEconomy
TikTok Shop Arrives in Belgium: What Users Need to Know
TikTok Shop has launched in Belgium, letting users buy products directly in the app. We break down how it works, the risks, and expert warnings.
—4 min read
Economy
Gas Prices in Belgium Drop to Lowest Level Since Mid-March
Belgian gas prices fall to three-month low as SPF Économie announces cuts of up to 6.3 cents per litre, driven by US-Iran peace deal progress.
—4 min read
International PoliticsEconomy
US-Iran Peace Deal Signed as CIA Doubts Nuclear Commitments
US and Iran signed a preliminary peace deal on June 15, sending oil prices tumbling. But the CIA has raised serious doubts about Iran's nuclear pledges.
—5 min read
EconomyInternational
Iran War Permanently Altered Global Economy, NYT Finds
Despite a framework deal to end US-Iran hostilities, the war has permanently reshaped oil trade, supply chains, and the global economy, NYT analysis finds.
—6 min read
TechnologyEconomy
Nvidia's Huang: AI Will Create Jobs, Texas Factory Is Test
Nvidia CEO Jensen Huang says AI will create manufacturing jobs, not eliminate them. A $2B Texas factory with Coherent puts that claim to the test.
—5 min read
BusinessEconomy
J&J CEO Credits Trump Tax Policies for $55B US Push
J&J CEO Joaquin Duato credits Trump tax policies for a $55 billion US investment push, including $1 billion in Jacksonville, Florida.
—4 min read
EconomyReal Estate
Three Months Free Rent: Why Landlords Are Courting Tenants
A construction boom has given renters unprecedented leverage, with 39.8% of rentals offering move-in incentives. But the relief is uneven and temporary.
—5 min read
PoliticsEconomy
China Daily Roundup: Xi-Myanmar Talks, Economy, Tech News
China's top stories June 16: Xi Jinping meets Myanmar president, steady economic growth, quantum chip breakthrough, and narrowing housing price declines.
—4 min read
PoliticsEconomy
China Daily Briefing: Diplomacy, Economy, Tech Breakthroughs
China's June 16 news roundup: Xi-Myanmar cooperation, steady economic growth, silicon-28 quantum chip breakthrough, 38 new university majors, and more.
—5 min read
FinanceEconomy
China Tightens Mutual Fund Rules to Curb Style Drift
China's AMAC releases four new mutual fund regulations targeting style drift, investor suitability, and public-private fund conflicts.
—5 min read
International TradeEconomy
10th China-South Asia Expo Opens as Trade Tops $200 Billion
The 10th China-South Asia Expo in Kunming marks a milestone as bilateral trade exceeds $200 billion, with record participation from 68 countries.
—4 min read
AgricultureEconomy
China's Summer Wheat Harvest Nears Completion at 86.95%
China's summer wheat harvest reaches 86.95% completion as farmers accelerate harvesting and planting with smart agricultural technologies.
—4 min read
EconomyChina
China May Data: M1 Growth Accelerates, M2 Holds Steady
China's May financial data shows M1 money supply growth accelerating to 5.5% while M2 remains stable at 8.6%, signaling improved liquidity.
—5 min read
TechnologyEconomy
AI Moves from Digital to Physical: Industry Leaders Map Path
At Bosch Connected World 2026, leaders from Bosch, Alibaba and Volkswagen outlined how AI is moving from digital to manufacturing and robotics.
—5 min read
PoliticsEconomy
Belgium Braces for Budget Storm as Coalition Tensions Mount
Ivan De Vadder warns of an impending Belgian budget crisis as the Arizona coalition faces internal divisions over defense and social spending.
—4 min read
Consumer ProtectionEconomy
China Issues Jewelry and Precious Metals Fraud Warning
China's consumer watchdog warns on precious metals, jewelry, and jade fraud, revealing 19,421 complaints and deceptive livestreaming practices.
—4 min read
TechnologyEconomy
TikTok Shop Arrives in Belgium: A New Era of Impulse Buying
TikTok Shop launches in Belgium, enabling in-app purchases. Experts warn of impulse buying risks, data privacy concerns, and youth vulnerability.
—4 min read
EconomyPolitics
Belgium's Commuting Allowance Tax Break Fails to Gain Ground
Only 4% of Belgian companies have adopted a government-backed commuting allowance tax credit aimed at helping workers cope with rising fuel costs.
—4 min read
Economy
Diesel Price Drops Below 2 Euros in Belgium, Oil Also Falls
Diesel price in Belgium falls below 2 euros per liter for the first time since March 11. Heating oil also drops as Iran-US peace deal eases markets.
—3 min read
BusinessEconomy
H&M Ghlin Workers Accept Deal, Ending Labor Dispute
H&M Logistics workers in Ghlin voted 306-17-1 to accept redundancy proposals, ending a dispute marked by a rare lock-out.
—4 min read
InfrastructureEconomy
China Elevates 'Six Networks' to National Strategic Priority
China elevates six major infrastructure networks to national strategic priority, with over 7 trillion yuan in 2026 investment for modernization.
—4 min read
EmploymentEconomy
Belgian Temp Agency Encore Plus Opens Doors for Seniors
Encore Plus, a new temp agency in Tournai, Belgium, exclusively serves workers aged 55+ and retirees seeking purpose and income.
—4 min read
EconomyEnergy
South Asia Expo Signs $3.5B in Energy, Boosts Green Deals
The 10th China-South Asia Expo signed 18 energy projects worth over 25.7 billion yuan, featuring China's first green certificate deal with Laos.
—4 min read
FinanceEconomy
China Allows Pension Accounts to Buy Savings Bonds
China expands pension options as savings bonds become available through retirement accounts, offering stable returns above bank deposit rates.
—4 min read
Economy
Gold Fever Melts Luxury Watches as Metal Trumps Craft
Gold prices near $4,200/oz drive luxury watch melting trend in China and globally, as mid-range timepieces are scrapped for bullion.
—5 min read
EconomyPolitics
Taiwan Summer Electricity Prices Hit Record High
Taiwan summer electricity prices hit record NT$8.86 per kWh as People's Daily criticizes DPP political maneuvering amid energy policy failures.
—5 min read
EnvironmentEconomy
China Sets Five-Year Target for Bamboo Express Packaging
China targets 1 billion bamboo express packaging units by 2030 with 50% annual growth, replacing plastic in the world's largest delivery market.
—4 min read
Economy
China's Foreign Trade Tops 4 Trillion Yuan for Third Month
China's foreign trade exceeded 4 trillion yuan for three straight months through May 2026, with total trade up 15.3% to 20.68 trillion yuan.
—4 min read
AgricultureEconomy
China's Summer Grain Harvest Surpasses 85% Completion
China's summer wheat harvest reaches 85% completion as of June 13, with rapid mechanized progress across major growing regions amid weather challenges.
—4 min read
EconomyConsumer
Lithium Batteries, Lost Cash and Pet Food: Belgium Roundup
From hidden fire risks in household waste to vanishing ATM deposits and a dog food recall, four Belgian consumer stories reveal systemic gaps.
—5 min read
EconomyFinance
Beijing Rewrites Rules for Chinese Capital Going Global
China issues landmark outbound investment rules, expanding oversight to individuals, tightening tech controls, and creating a security review mechanism.
—5 min read
Health & SocietyEconomy
China's Smoking Paradox: Low Taxes Undermine Health Goals
China's 350 million smokers face a paradox: low cigarette taxes undermine health goals while tobacco revenue fills state coffers. Can Beijing act?
—5 min read
EconomyTrade
China Sets New Record for Single-Ship NEV Exports
China sets a new single-ship NEV export record as the Glovis Lighthouse departs for Europe with 8,000 vehicles, highlighting the 'new three' export boom.
—4 min read
EconomyTrade
Hainan Free Trade Port Completes First Aircraft Dismantling
Hainan Free Trade Port completes its first aircraft dismantling, marking a milestone in aviation services and positioning the region as a recycling hub.
—4 min read
Politics & DiplomacyEconomy
US Blacklists Chinese Firms; Beijing Vows Countermeasures
The US adds Alibaba, BYD, Baidu, and dozens more Chinese companies to its military blacklist. China's MOFCOM responds with threats of retaliation.
—4 min read
TransportationEconomy
China Railway Passenger Traffic Hits Record in Jan-May 2026
China's railway carried over 1.9 billion passengers from January to May 2026, a 5.7% year-on-year increase, setting a new historical record for the period.
—4 min read
Economy
NBB Forecasts: Inflation Spike, Slowing Growth in Belgium
The National Bank of Belgium projects inflation at 3.4% and GDP growth halving to 0.6% as the Iran war delivers a temporary shock to the economy.
—4 min read
PoliticsEconomy
Wallonia Inheritance Tax Reform in Doubt Amid Budget Crisis
Walloon Minister-President Dolimont questions already-voted inheritance tax reform as region faces €2 billion deficit.
—4 min read
EnergyEconomy
Belgian State Paid More for Nuclear Power Than It Received
New figures reveal the Belgian state paid more for electricity from Doel 4 and Tihange 3 than it earned from sales, reigniting debate over nuclear costs.
—4 min read
Travel & LifestyleEconomy
Belgians to Spend €1,690 on Average for Summer Holidays
Belgians will spend an average of €1,690 on summer holidays in 2026, up 5%. Greece overtakes Turkey while US travel sees sharp decline.
—4 min read
PoliticsEconomy
Trump Loses Support Among Independents and Blue-Collar Base
AP-NORC polling shows Trump's support among independents has fallen 17 points since 2024, while blue-collar voters doubt his economic leadership.
—5 min read
EconomyBusiness
China's Economy Resilient: Foreign Investment, Chip Boom
China's economy signals strength: 530,000+ foreign firms, Japan chip exports surge 48%, and family trusts near 1 trillion yuan.
—6 min read
TechnologyEconomy
China's NEV Penetration Hits 56.9% as EVs Go Mainstream
China's new energy vehicle penetration rate reached 56.9% in May 2026, driven by AI tech, falling battery costs, and expanding charging infrastructure.
—4 min read
TechnologyEconomy
China Accelerates New Smart Manufacturing Rollout
China designates new generation smart manufacturing as main strategic direction for new industrialization, targeting trillion-yuan market.
—4 min read
TechnologyEconomy
China Accelerates New Generation Smart Manufacturing Rollout
China designates new generation smart manufacturing as main strategic direction for new industrialization, targeting trillion-yuan market.
—4 min read
EconomyTechnology
Japan Chip Exports to China Surge 48% as Trade Rebounds
Japan's semiconductor exports to China surged 47.9% in 2025 to $28.7 billion, driven by AI demand, as bilateral trade rebounded 6.2%.
—5 min read
EconomyBusiness
China FDI Tops $3.6 Trillion; High-Tech Investment at Record
China hosts over 530,000 foreign-funded enterprises with $3.6 trillion in FDI. High-tech investment surges 20.3%, reaching a record 40.4% share.
—6 min read
EconomyBusiness
China Family Trusts Hit $147B as Wealth Transfers Rise
UBS reports China's family trust market neared $147 billion in 2025, driven by first-generation entrepreneurs planning wealth transfers.
—4 min read
EconomyBusiness
Caixin Summer Summit Opens in Hong Kong on AI and GBA
The 9th Caixin Summer Summit opens in Hong Kong, uniting leaders to discuss AI, Greater Bay Area integration, and global expansion.
—4 min read
EconomyTransport
Ryanair Slashes 2 Million Seats from Belgium in Tax Dispute
Ryanair cuts 2 million seats from Belgium, blaming the government's aviation tax hike. Five aircraft will leave Charleroi, affecting 20 routes.
—4 min read
EconomyInflation
US Producer Prices Surge 6.5% in May on Iran Energy Shock
US producer prices rose 6.5% in May, the largest yearly jump since 2022, driven by soaring energy costs from the Iran war and Hormuz closure.
—5 min read
SportsEconomy
2026 World Cup Opens: Historic Tri-Nation Tournament Begins
The 2026 FIFA World Cup kicks off as the first tri-nation tournament co-hosted by the US, Canada and Mexico, with 48 teams and Yiwu making most merch.
—5 min read
EconomyEnergy
China Names Hydrogen a Future Industry in New Five-Year Plan
China's 15th Five-Year Plan designates hydrogen as a future industry, targeting 100,000 fuel cell vehicles and hydrogen under 25 yuan/kg by 2030.
—5 min read
Economy
China's Marine Economy Hits 11 Trillion Yuan, Index Shows
China's gross ocean product hit 11 trillion yuan in 2025, up 5.5%, as a new Marine Economic Development Index signals high-quality growth.
—4 min read
EconomyInfrastructure
China's Water Network Investment to Exceed 6 Trillion Yuan
China's 15th Five-Year Plan water network investment exceeds 6 trillion yuan, signaling major growth for infrastructure and water conservancy sectors.
—5 min read
PoliticsEconomy
Liege Airport Resumes Controversial Cargo Route to Xinjiang
Liege Airport quietly resumed cargo flights to Xinjiang, sparking controversy over human rights. The Belgian government now faces pressure to respond.
—4 min read
HealthcareEconomy
Gender Pay Gap Widens Among Doctors at Belgian Hospitals
Female doctors in Belgium earn less than male colleagues, with inequality growing at university hospitals. New data reveals persistent pay disparities.
—5 min read
EconomyRegulation
Beijing Cracks Down on E-Commerce 'Involution,' Probes J&T
Beijing regulators summon five major e-commerce platforms over 'involution-style' competition, while the State Post Bureau probes J&T Express.
—5 min read
Economy
Coffee Prices Hit Record Highs, Farmers See No Gains
Coffee prices hit historic highs in Belgium, but farmers aren't benefiting. A new report reveals how the global supply chain fails producers.
—4 min read
HousingEconomy
5,000 Homes Lost to Airbnb in Brussels, Antwerp and Ghent
ING study reveals nearly 5,000 homes in Brussels, Antwerp, and Ghent have left the rental market for Airbnb, worsening Belgium's housing crisis.
—4 min read
EconomyGeopolitics
Oil Prices Surge Past $95 After New US Strikes on Iran
Brent crude surges above $95 after second day of US strikes on Iran. Strait of Hormuz blockade, Belgian fuel impact, and global inflation fears explained.
—4 min read
Economy
ECB Raises Rates by 25 Basis Points as Inflation Hits 3.2%
The ECB raised interest rates by 25 basis points to combat inflation driven by Middle East tensions, increasing credit costs across the Eurozone.
—4 min read
HousingEconomy
Over 4 in 10 Belgian Homes Now Bought by Single Buyers
New data shows 42% of Belgian homes were bought by singles in 2025, up from 40% in 2024. Young buyers aged 26-30 lead the trend.
—4 min read
EconomyCrime
Red Devils Jersey Counterfeiting Costs Belgium €320M Yearly
Counterfeit Red Devils jerseys flood Belgium as World Cup demand surges. Authorities warn fake merchandise costs €320M yearly and may fund organized crime.
—4 min read
International ConflictEconomy
U.S.-Iran Conflict Escalates: Tanker Strikes and Fallout
U.S. strikes a third tanker carrying Iranian oil, killing three Indian sailors, as Iran retaliates and the World Bank warns of slowing global growth.
—6 min read
Economy
Inflation Hits 4.2%, Highest in 3 Years, on Energy Surge
U.S. inflation hit 4.2% in May, highest in 3 years, as Iran war drove gas prices up 40%. Producer prices surged 6.5%, biggest jump since 2022.
—5 min read
HealthcareEconomy
White House Suggests Loans for Medical Debt in New ACA Rules
Trump administration proposes insurers offer loans for out-of-pocket medical costs as 100 million Americans carry healthcare debt and premiums surge 57%.
—5 min read
PoliticsEconomy
Trump Says 'I Love the Inflation' as Prices Hit 3-Year High
President Trump said 'I love the inflation' as CPI hit 4.2%, a three-year high. Democrats seized on the remark ahead of November's midterm elections.
—5 min read
TechnologyEconomy
Bezos AI Venture and Anthropic's $200M Pledge Reshape Debate
Jeff Bezos' Prometheus raises $12B to build an 'Artificial General Engineer,' while Anthropic commits $200M to study AI's economic impact on jobs.
—5 min read
TechnologyEconomy
Why Building a Robot Without China Is Nearly Impossible
China controls 63% of the global humanoid robot supply chain, producing parts at half the cost of Western competitors and reshaping automation.
—5 min read
TechnologyEconomy
Anthropic Pledges $350M to Study AI's Impact on Jobs
Anthropic commits $350M to research AI's economic impact and job displacement, while CEO Dario Amodei calls for FAA-style regulation of frontier AI models.
—4 min read
Economy
China's May CPI Rises 1.2% as PPI Surges to 3.9%
China's May CPI rose 1.2% year-on-year, unchanged from April, while PPI surged 3.9%, widening the gap between producer and consumer prices.
—4 min read
AgricultureEconomy
China's Summer Wheat Harvest Nears 70% Completion
China's summer wheat harvest nears 70% completion with 233 million mu harvested, supporting national grain security goals under the 15th Five-Year Plan.
—4 min read
PolicyEconomy
China Overhauls Housing Provident Fund in Major Expansion
China proposes sweeping reforms to its Housing Provident Fund, expanding usage beyond home purchases to cover renovations, rent, and fees.
—5 min read
Society & Consumer RightsEconomy
Chinese Telecom Giants Accused of 'Customer Killing'
Chinese media slams telecom carriers for charging loyal customers more than new users. The Paper's investigation reveals systemic price discrimination.
—5 min read
EconomyTrade
China Cold Chain Logistics Market to Hit 585 Billion Yuan
China's cold chain logistics market is projected to surpass 585 billion yuan in 2026, driven by fresh food and pharmaceutical demand.
—4 min read
EconomyInternational Relations
Liège Airport Quietly Reopens Xinjiang Cargo Route
Liège Airport has discreetly reestablished a cargo air route from Xinjiang, China, raising concerns over forced labor and EU enforcement gaps.
—4 min read
EconomyEducation
Student Work in Belgium Surges 58% Between 2017 and 2024
Student work in Belgium surged 58% from 2017-2024, outpacing regular employment. A Planning Bureau study examines financial pressures and academic impacts.
—4 min read
EconomyPolitics
U.S. Inflation Hits 4.2% as Iran War Drives Energy Costs
U.S. inflation surged to 4.2% in May, a three-year high, as the Iran war drives energy costs. Core CPI rose 2.9%, raising questions about Fed policy.
—5 min read
EconomySocial Policy
Social Security Reserves to Run Out by 2032, Report Warns
2026 Trustees Report warns Social Security retirement trust fund will be exhausted by late 2032, triggering automatic 22% benefit cuts.
—4 min read
Energy & EnvironmentEconomy
Solar Power Surpasses Coal in US for First Month on Record
Solar supplied 12.8% of US electricity in May 2026, beating coal's 12.2% for the first time ever, despite Trump administration efforts to boost coal.
—5 min read
Economy
China Trade Up 15.3% as Leading Indicators Signal Stability
China's foreign trade grew 15.3% to 20.68 trillion yuan in Jan-May 2026, while the excavator index and consumer data point to a stable, improving economy.
—4 min read
International FinanceEconomy
Gold Falls Below $4,300 as Rate Hike Fears Overwhelm Demand
Gold prices plunged below $4,300/oz, returning to end-2025 levels, as strong US jobs data and global tightening expectations outweigh geopolitical risks.
—5 min read
Diplomacy & TradeEconomy
China Rejects Zero-Sum Framing of EU Trade Relations
China's Foreign Ministry affirms EU economic ties are not a zero-sum game, pushing back against Brussels' de-risking narrative as trade tensions escalate.
—4 min read
FinanceEconomy
China: $35.6B Urban Renewal, $2.1B Hong Kong Bond Issuance
China announces 257 billion yuan urban renewal funding, 15 billion yuan Hong Kong bond issuance, and capital market reforms to boost innovation.
—5 min read
EconomySociety
Piketty's €5,000 Plan: Utopia or Blueprint for Justice?
Thomas Piketty proposes €5,000 monthly income for everyone by 2100 through global wealth taxes and green investment. We analyze the plan's feasibility.
—7 min read
Regional DevelopmentEconomy
China's Three Regions Unveil Five-Year Development Roadmaps
China's Beijing-Tianjin-Hebei, Yangtze River Delta, and Greater Bay Area release coordinated development roadmaps for 2026-2030.
—5 min read
LaborEconomy
Brussels Couriers Face Uncertain Future as Tax Deal Ends
Belgium's expired P2P tax ruling leaves thousands of Uber Eats and Deliveroo couriers in Brussels caught between two status options.
—5 min read
EnergyEconomy
Belgium Braces for Standoff with Engie Over Nuclear Takeover
Belgium moves to nationalize Engie's nuclear assets in a historic energy policy reversal, with negotiations over seven reactors at stake.
—5 min read
TechnologyEconomy
Belgium Joins European Top 5 for Business AI Adoption
Belgium ranks in the European top 5 for AI adoption, with 34.54% of businesses using AI in 2025, far exceeding the EU average of 19.95%.
—4 min read
PoliticsEconomy
San Francisco Voters Reject Tax on Highly Paid Executives
San Francisco voters rejected Proposition D, a tax hike on companies with highly paid executives, signaling a shift toward centrist policies.
—4 min read
Health & LifestyleEconomy
Remote Work Linked to Higher Isolation, Anxiety, Study Finds
A major study in Science finds remote workers face 58% more alone time and higher rates of anxiety and depression, challenging work-from-home assumptions.
—5 min read
EducationEconomy
China Launches '100-Day Sprint' for Record 12.7M Graduates
China's Education Ministry launches a '100-Day Sprint' to boost employment for 12.7 million graduates, with 5M+ job postings and anti-fraud measures.
—4 min read
PolicyEconomy
China Overhauls Housing Provident Fund: Four Key Changes
China's Housing Provident Fund gets a major reform: expanded coverage for gig workers, new uses for renovation, faster loans, and cross-city portability.
—4 min read
EconomyFinance
China's Forex Reserves Hit $3.44 Trillion, a 10-Year High
China's forex reserves hit $3.4422 trillion in May 2026, the highest in over a decade, driven by asset price gains and gold buying.
—4 min read
EconomyCrime
Belgian Zinc Giant Nyrstar Formally Suspected of Forgery
Belgian zinc giant Nyrstar faces criminal investigation for forgery and misuse of corporate assets, escalating its legal saga over the 2019 restructuring.
—4 min read
EconomyFinance
Foreign Capital Bets Big on China: What the Influx Signals
Foreign investors now hold over 4 trillion yuan in Chinese A-shares as QFII approvals surge. We analyze the key signals behind the capital inflow trend.
—4 min read
EconomyFinance
China Halts Data-Backed Securities to Curb Debt Arbitrage
Chinese regulators suspend data-asset ABS amid concerns that local governments are using innovative financing to disguise debt and bypass borrowing limits.
—5 min read
EconomyFinance
China Overhauls Deposit and Loan Interest Rate Rules
China's PBOC publishes draft rules overhauling deposit and loan interest rate management, targeting high-interest deposit-taking and penalty rules.
—4 min read
EconomyFinance
Gold Prices Plunge Again, Returning to End-of-2025 Levels
Gold prices crashed 3.25% on June 5, falling below $4,400/oz after US jobs data beat expectations, reigniting fears of Fed rate hikes.
—4 min read
International FinanceEconomy
South Korea Stocks Crash 8%, Trigger Circuit Breaker
South Korea's KOSPI crashed over 8% on June 8, triggering a circuit breaker. A US tech selloff, Fed fears, and Middle East tensions drove the plunge.
—4 min read
EconomyTechnology
China Boosts Future Industries, Targets More Unicorns
China ramps up policy support for future industries like quantum tech, biomanufacturing and nuclear fusion to cultivate more unicorn companies.
—5 min read
PolicyEconomy
China Approves 15th Five-Year Plan for Employment Strategy
China's State Council approves the 15th Five-Year Plan for Employment Priority Strategy, targeting record graduates and structural job challenges.
—4 min read
EconomyPolitics
Flemish Government Bids to Buy Van Hool Industrial Site
The Flemish government bids on the 30-hectare Van Hool industrial site in Koningshooikt, citing a severe shortage of large industrial land.
—4 min read
TechnologyEconomy
Flying Cars Poised to Unlock Trillion-Yuan Market in China
China's flying car industry is set to open a multi-trillion yuan market, with 2026 marking mass production as EHang, AutoFlight, and XPeng lead the way.
—5 min read
Economy
Voka Growth Account Plan Aims to Unlock €185 Billion
Voka proposes a Swedish-style growth account to unlock €185 billion in idle Belgian savings, replacing multiple taxes with a single flat tax.
—5 min read
EconomyPolitics
Belgium Closes Tax Loophole Exploiting Bike Couriers
Belgium ends tax rulings allowing Uber Eats and Deliveroo to classify bike couriers as P2P side hustlers, forcing reclassification as employees.
—4 min read
EconomyPolitics
Flanders Bets on Van Hool Site as Land Crisis Grows
The Flemish government enters a public auction for the 30-hectare Van Hool site, intervening to combat a severe shortage of large-scale industrial land.
—4 min read
EconomyBusiness
Cotti Coffee Arrives in Belgium with €1 Coffee Cups
Chinese coffee chain Cotti Coffee launches in Belgium with €0.99 cups, opening six stores. The aggressive pricing threatens Starbucks and Costa Coffee.
—5 min read
EnvironmentEconomy
Belgium's First Second-Hand Solar Panel Market Takes Shape
A Belgian company in Seraing is pioneering the reuse of functional solar panels, aiming to create an official second-hand market by 2028.
—4 min read
International ConflictEconomy
Iran and Israel Pull Back as US Economy Strains Under War
Iran and Israel de-escalate after exchanging direct strikes, while Trump defends his war record and US consumers feel the economic pinch.
—5 min read
EconomyHousing
China Expands Housing Provident Fund for Renters, Homeowners
China proposes expanding the Housing Provident Fund to cover renovations, property fees, and flexible workers to stabilize the housing market.
—5 min read
Urban DevelopmentEconomy
China Turns Urban 'Edge Spaces' Into Community Goldmines
Chinese cities transform neglected under-bridge areas into cinemas, sports parks and markets, driving new consumer demand through urban renewal.
—4 min read
EconomyEurope
Iran War Costs Belgian Economy €2.5 Billion
The Iran war has cost Belgium €2.5 billion in lost growth. Businesses report paralyzed subsidiaries, and economists warn the worst is yet to come.
—5 min read
AgricultureEconomy
China's Summer Grain Harvest Nears 60% Completion
China's summer wheat harvest reaches 58.87% completion as 200 million mu reaped, with Anhui and Henan provinces leading at over 90% harvest progress.
—4 min read
EU & LaborEconomy
EU Pay Transparency Law Takes Effect, Most States Unprepared
The EU's landmark pay transparency directive takes effect today, granting workers the right to know colleagues' salaries. Only three states are ready.
—5 min read
EconomyFinance
China's Forex Reserves Rise to $3.44 Trln; Gold Buying Up
China's forex reserves rose to $3.442 trillion in May, while the central bank added gold for a 19th consecutive month at an accelerating pace.
—5 min read
EconomyReal Estate
Belgium's Luxury Real Estate Market Shatters Records in 2025
Belgium sold a record 2,079 luxury properties over €1M in 2025, up 27.3%. Flanders leads with 74.4% of sales, while Wallonia surges 60.9% after fee cuts.
—4 min read
Middle East ConflictEconomy
Iran War Reshapes Economy as Conflict Spreads to Beirut
Oil spikes, US consumers cut spending, Israel bombs Beirut, and Trump claims a nuclear pledge as the Iran war enters its fourth month with no end in sight.
—6 min read
EconomyMiddle East Conflict
Iran War Reshapes US Consumer Spending as Oil Prices Surge
The Iran conflict drives oil above $100, forcing US consumers to cut spending and shift habits. OPEC+ boosts production as demand destruction fears grow.
—6 min read
SportsEconomy
Chicago Bears Advance Stadium Relocation to Hammond, Indiana
The Chicago Bears Board voted to advance a stadium project in Hammond, Indiana, signaling a likely end to over a century of football in Chicago.
—4 min read
EconomyTrade
China's Service Exports Surge 15% as Global Push Accelerates
China's service exports hit 985 billion yuan in Jan-Apr 2026, up 15% year-on-year, as knowledge-intensive services and travel exports drive growth.
—4 min read
EconomyHousing
China Expands Housing Fund Use for Property Fees, Renovation
China proposes expanding the Housing Provident Fund to cover property fees, home renovation, and flexible housing consumption in a landmark reform.
—4 min read
PoliticsEconomy
Li Qiang Chairs State Council on Employment and Industry
Premier Li Qiang chaired a State Council meeting approving a 15th Five-Year employment plan and advancing new industrialization strategy.
—3 min read
EconomyEnergy
China's Solar Exports Surge 267% Despite Rebate Cancellation
China's solar PV exports to Southeast Asia surged 267% in April 2026, defying export tax rebate cancellation and underscoring Beijing's solar dominance.
—5 min read
EconomySociety
Shanghai Senior Expo Reveals China's Silver Economy Demands
The 2026 Shanghai Senior Expo reveals how China's aging population drives a ¥7 trillion silver economy with AI robots and smart homes.
—5 min read
TransportEconomy
Pilot Strike Strands Dozens of Ships at Port of Antwerp
A 24-hour strike by Belgian maritime pilots stranded dozens of ships at the Port of Antwerp-Bruges as a pension reform dispute continues.
—4 min read
PoliticsEconomy
Anders Party Proposes €16.7B Austerity Plan for Belgium
Belgium's Anders party unveils a €16.7B austerity plan targeting healthcare, civil service, and regional debt to address the federal budget deficit.
—4 min read
Real EstateEconomy
Belgium Luxury Real Estate Sales Hit Record High in 2025
Belgium sold 2,079 properties over €1 million in 2025, a 27.3% increase. Wallonia surged 60.9% after a tax cut. RTBF investigates who is buying.
—4 min read
HealthcareEconomy
One in Three Belgian Doctors Earn More Than the PM
De Morgen investigation finds one in three Belgian doctors with corporations earn more than PM Bart De Wever, sparking healthcare pay debate.
—4 min read
EconomyConsumer
Belgian Supermarket Inflation Hits Lowest Level Since 2021
Supermarket inflation in Belgium fell to 0.27% in May, the lowest since December 2021. But Testaankoop warns that new price hikes may be coming.
—4 min read
Labor & EmploymentEconomy
Belgian Labour Authority Rules ALDI Sunday Hours Illegal
Belgium's FOD Employment rules ALDI may only let staff work until noon on Sundays, rejecting plans for afternoon opening and clarifying retail labour law.
—4 min read
EconomyPolitics
US Adds 172,000 Jobs in May as Labor Market Rebounds
The US added 172,000 jobs in May, far exceeding expectations. But strong hiring complicates the Fed's inflation fight as new Chair Kevin Warsh prepares.
—4 min read
EconomyCulture
Tipping Has Become 'Ridiculous,' 78% of Americans Say
A new survey finds 78% of Americans say tipping has become ridiculous, as digital payment screens push higher gratuity amounts and fuel consumer backlash.
—5 min read
EconomyLifestyle
Fuel Prices Reshape Boaters' Summer Plans Amid Iran War
Higher gas prices driven by the Iran war are forcing American boaters to cut cruising distances, add fuel surcharges, and rethink summer plans.
—5 min read
EconomyTechnology
China Electronics Output Surges 14% on AI Manufacturing Boom
China's electronics output grew 14% in Jan-Apr 2026, with profits surging 108%, driven by AI demand and industrial upgrading.
—4 min read
Travel & TourismEconomy
China Issues First No-Destination Cruise Permit in Shanghai
China issues its first no-destination cruise permit in Shanghai, letting passengers sail international waters using just their national ID card.
—5 min read
EconomyRegulation
China's Anti-Monopoly Enforcement Surges in 2025
China's 2025 anti-monopoly report reveals 22 cases concluded, 706 mergers reviewed, and 60,000 policy measures amid intensified fair competition efforts.
—4 min read
PoliticsEconomy
Walloon Debt Debate: Fact-Checking the €820 Million Claim
The PS accuses Wallonia's government of adding €820M to regional debt. A fact-check reveals both sides have valid points in a complex fiscal debate.
—5 min read
EconomyInternational
Jan De Nul Wins $10 Billion Paraná River Dredging Contract
Belgian dredging giant Jan De Nul wins a landmark $10 billion contract to deepen Argentina's Paraná River, a vital agricultural export waterway.
—5 min read
EconomyEurope
Dutchman Rob Smeets Appointed CEO of Port of Antwerp-Bruges
Rob Smeets named permanent CEO of Port of Antwerp-Bruges with a six-year mandate to lead a €5 billion investment drive and sustainability push.
—4 min read
EconomyLabor
Volvo Ghent Strike Ends as Workers Accept Supplier Deal
A four-day strike at Plasman, a key Volvo Car Gent supplier, ends after workers narrowly approve a deal. Production can gradually resume.
—4 min read
EconomyEurope
Record Quarter Million Belgians Now Working as Flexi-Jobbers
A record 261,868 Belgians worked as flexi-jobbers in 2025, up 14% from 2024. The tax-free scheme faces praise and criticism as expansion looms.
—4 min read
EconomyDefense
China Halts Ammo Supply to Belgian Arms Maker FN Herstal
China halts nitrocellulose supply to FN Herstal as FN Browning posts record billion-euro sales, exposing Europe's defense supply chain vulnerability.
—4 min read
EconomyChina
China's May Commodity Index Signals Steady Economic Growth
China's May CCPI rose to 132.5 points, up 0.3% month-on-month and 20.2% year-on-year, signaling steady economic growth amid sector divergence.
—4 min read
Economy
172,000 Jobs Added in May, But Young Graduates Left Behind
The U.S. added 172,000 jobs in May, beating expectations. But with underemployment at 43%, a separate crisis is unfolding for young graduates.
—7 min read
EconomyPolitics
Red States Lure Americans With Lower Housing Costs
Red states attract new residents with lower housing costs and deregulation, contrasting with blue state policies and reshaping population patterns.
—6 min read
InfrastructureEconomy
Pinglu Canal Opens River-Sea Passage for Southwest China
China's Pinglu Canal achieves full water filling, creating a direct river-to-sea passage for Southwest China and boosting trade with ASEAN nations.
—5 min read
TechnologyEconomy
YMTC Captures 13% of Global NAND Market Eyes STAR Market IPO
Chinese chipmaker YMTC surges to 13% global NAND market share amid AI-driven memory boom, with quarterly revenue up 445% and a Shanghai IPO on the horizon.
—5 min read
AgricultureEconomy
China's Summer Grain Harvest Surpasses 40% Completion
China's summer wheat harvest reaches 42.23% with 143 million mu reaped. Anhui leads at over 80% as cross-provincial machinery support intensifies.
—4 min read
EconomyChina
China Expands Housing Provident Fund With Higher Loan Limits
China upgrades housing provident fund across 60+ cities with higher loan limits, expanded coverage for flexible workers, and new usage scenarios.
—5 min read
TourismEconomy
China Upgrades Tax Refund Policy to Boost Inbound Tourism
China unveils version 2.0 of its departure tax refund policy with eight measures to make refunds faster and easier for international tourists.
—5 min read
HealthEconomy
China's Innovative Drug Industry at a Tipping Point: Xinhua
Xinhua calls for accelerated China innovative drug development as record BD deals top $100B and AI transforms R&D, but warns of weak basic research.
—6 min read
Real EstateEconomy
Housing Policies Spark Extended Spring Rally in China Market
New housing policies in Shenzhen, Beijing and Shanghai drive an extended spring rally in China's second-hand home market, with volumes and prices rising.
—5 min read
EnergyEconomy
China Braces for Record Summer Power Demand of 1.3B kW
State Grid forecasts summer peak power load will exceed 1.3 billion kW, a 6% year-on-year increase, as China prepares for record electricity demand.
—4 min read
SocietyEconomy
Belgian Pension €572 Short of Care Home Costs, Report Finds
Belgian pension of €1,787 falls €572 short of monthly care home costs at €2,359, Okra's 2026 Barometer reveals, raising affordability concerns.
—4 min read
Belgian PoliticsEconomy
Belgian Arizona Coalition Tax Reform Passes First Hurdle
Belgium's Arizona coalition tax reform clears first reading in committee, moving toward a plenary vote with phased implementation through 2031.
—4 min read
EconomyRetail
Colruyt Expands Fresh Bread Rollout in Supermarket War
Colruyt expands fresh bake-off bakery to ten more Belgian stores, marking a strategic shift in the supermarket wars for bread customers.
—4 min read
JusticeEconomy
Belgian Police Raid 10 Firms in €8.5M Leave Fraud Probe
Belgian authorities raid ten Liège companies and arrest seven suspects in a €8.5 million paid education leave fraud scheme involving over 150 firms.
—4 min read
EconomyDigital
Belgians Flock to Foreign E-Commerce, Local Shops Lag
Belgians spent a record €18.3 billion online in 2025, but Chinese platforms like Shein and Temu captured most of the growth.
—4 min read
EconomyLabor
Volvo Ghent Strike: 4,000 Workers Idle as Crisis Deepens
A strike at Plasman, a key Volvo Ghent supplier, enters its third day with no resolution. 4,000 workers are on economic unemployment as production halts.
—4 min read
BusinessEconomy
SpaceX, Anthropic IPOs and Texas Leads Fortune 500: Roundup
SpaceX files for record $75B IPO, Anthropic goes confidential, Texas tops California in Fortune 500, and American Airlines cuts routes amid fuel crisis.
—5 min read
EconomyPolitics
US Jobless Claims Hit Highest Level Since Iran War Began
US jobless claims rose to 225,000, the highest since the Iran war began in February, signaling growing economic strain from the conflict.
—4 min read
Health & EnvironmentEconomy
Screwworm Found in Texas Decades After Eradication
The New World screwworm, a flesh-eating livestock parasite, has been confirmed in Texas for the first time since 1966, triggering urgent quarantine.
—5 min read
Global FinanceEconomy
Gold Surpasses US Treasuries as Top Global Reserve Asset
ECB reports gold has overtaken US Treasuries as the largest global official reserve asset, marking a historic shift in central bank reserves.
—5 min read
TechnologyEconomy
South Korea Rides AI Chip Boom to Rare China Trade Surplus
South Korea achieves rare trade surplus with China as AI memory chip exports surge 243% in May, reshaping regional trade dynamics amid US export controls.
—4 min read
AgricultureEconomy
China Harvests 119M Mu of Summer Wheat, Exceeding 30% Target
China has harvested 119 million mu of summer wheat, reaching 35% of the target. Favorable weather and mechanized operations drive the rapid harvest.
—4 min read
TourismEconomy
Trip.com's $2.2 Billion Plan to Make China Top Tourist Hub
Trip.com Group announces $2.2 billion campaign to attract 200 million overseas travelers to China and make the country the world's top tourist destination.
—4 min read
Social PolicyEconomy
China Allocates 99.9 Billion Yuan in Childcare Subsidies
China's Finance Ministry allocates 99.9 billion yuan in childcare subsidies for 2026, a 10.6% increase, to address the country's declining birth rate.
—4 min read
TechnologyEconomy
China Ranks Among World's Leading Innovative Countries
China ranks among the world's top innovative nations as R&D spending hits 3.93 trillion yuan, a new National Bureau of Statistics report shows.
—4 min read
Governance & PolicyEconomy
China's Governors Go Underground: Mine Safety and Reform
Four Chinese governors inspect mine safety after a deadly disaster; Yunnan halts county rankings; eight ministries launch jobs drive.
—5 min read
EconomyChina
China's Economic Shift: Trillion-Yuan Cities and Pensions
Nanchang nears trillion-yuan GDP status, savings bonds join personal pensions, and China's low-altitude economy accelerates toward industrialization.
—5 min read
TourismEconomy
China's Tourism Boom: Record Visitors and Industrial Tourism
China's tourism surges with 7.51 billion scenic spot visitors in 2025, Shanghai leads tax refunds, and industrial tourism emerges as a new trend.
—5 min read
EconomyEmployment
Brussels Job Seeker Benefits Drop 28% — But Not Good News
Brussels job seeker benefits dropped 28%, but total registrations rose 4.2% and CPAS welfare cases surged 72.2% amid reform-driven shifts.
—4 min read
SportsEconomy
3 in 10 Belgian Sports Clubs to Raise Fees Next Season
At least 30% of Flemish sports clubs will raise membership fees by 10% next season as rising costs and VAT rules squeeze volunteer-run organizations.
—5 min read
EconomyLabor
Belgian CEO Puts Salary on Billboard as EU Deadline Looms
A Belgian CEO displays her €10,000 monthly salary on a billboard, reigniting the pay transparency debate as Belgium misses the EU directive deadline.
—4 min read
TourismEconomy
Pass Visit Wallonia: 130,000 Sign-Ups, Discounts Unused
Wallonia's tourism pass has 130,000 registered users, but only 20,000 are active. Discount redemptions at major attractions are as low as 2%.
—4 min read
EconomyJobs
US Private Sector Adds 122,000 Jobs in May, Beats Forecasts
The US private sector added 122,000 jobs in May, exceeding forecasts. ADP report shows broad-based hiring gains across industries and business sizes.
—4 min read
Real EstateEconomy
Florida Property Tax Overhaul: Winners, Losers & What's Next
Florida voters will decide on a constitutional amendment that could eliminate non-school property taxes for most homeowners but penalizes newcomers.
—5 min read
PoliticsEconomy
China Maps 63 Tech Sectors for Potential Export Controls
Chinese researchers identify 63 strategic technologies for potential export restrictions, signaling a major shift in the US-China tech rivalry.
—5 min read
EconomySocial Policy
China's New Food Delivery Rules Target Ghost Kitchens
China's sweeping new food delivery regulations take effect June 1, targeting ghost kitchens, mandating AI oversight, and imposing fines up to 200,000 yuan.
—5 min read
AgricultureEconomy
China's Wheat Harvest Nears 30% in Three Summers Peak
China's wheat harvest reaches 28% completion as the Three Summers farming season intensifies, with record mechanization and favorable weather.
—4 min read
EconomyFinance
Gold Crashes Below $4,500 as Iran Threatens Hormuz Blockade
Gold fell below $4,500 per ounce as Iran escalated Middle East tensions by threatening to block the Strait of Hormuz, triggering market turmoil.
—5 min read
Social PolicyEconomy
China Expands Housing Fund for Renovations and Daily Costs
Chinese cities expand housing provident fund use for renovations, elevator installations, property fees, and heating, unlocking trillions in idle funds.
—5 min read
AgricultureEconomy
Storms Destroy 20% of Belgian Cherry Harvest
Severe rain and hail have destroyed 20% of Belgium's cherry harvest in Limburg, with some growers losing up to 40% of their crop just weeks before picking.
—5 min read
Economy
Fuel Prices Rise Again in Belgium Amid Iran Conflict
Belgian fuel prices rise again: petrol reaches €1.874 and diesel climbs to €2.08 per liter as the US-Iran conflict roils global oil markets.
—4 min read
EconomySocial Policy
China Allocates 999B Yuan in Childcare Subsidies, Up 10.6%
China allocates 999 billion yuan for childcare subsidies in 2026, a 10.6% increase, as part of efforts to boost the declining birth rate.
—4 min read
TechnologyEconomy
Ghent Surges to 10th in Global Tech Hub Rankings
Belgium's Ghent ranks 10th worldwide and 4th in Europe for tech density, surpassing New York and Amsterdam with €61B in tech value and four unicorns.
—6 min read
EconomyBusiness
Transuniverse Saves 282 Jobs in Ziegler Belgium Acquisition
Transuniverse takes over most Ziegler Belgium activities across seven sites, saving 282 of 415 jobs. Van Moer Logistics acquires air freight division.
—4 min read
EconomyPolitics
CEOs and Bond Markets Warn of Recession as Inflation Mounts
CEO confidence plunges below optimism threshold while bond yields surge, signaling a potential economic downturn threatening Trump and Republicans.
—6 min read
EconomyPolitics
Georgia Gas Prices Set to Spike as Tax Suspension Expires
Georgia's gas tax suspension expires at midnight, adding $0.33 per gallon. Kemp declines extension amid budget shortfall and election debate.
—4 min read
EconomyWorkforce
Remote Work, Not AI, Is Sidelining Recent College Graduates
New research from the NY Fed finds remote work, not AI, is the primary driver of rising unemployment among recent college graduates.
—5 min read
Policy & StandardsEconomy
China Enforces 102 New National Standards Starting June 1
China implemented 102 new national standards on June 1, 2026, covering fire safety, EV batteries, formaldehyde limits, aging society, and SME financing.
—4 min read
Economy
China Manufacturing Flatlines as May PMI Shows Mixed Signals
China's manufacturing PMI slipped to 50.0 in May, ending two months of expansion. High-tech sectors thrive while exports and SMEs struggle.
—4 min read
PoliticsEconomy
People's Daily Demands Answers on 'Sky-High' Compensation
People's Daily questions a 190 million yuan compensation in Hebei, calling for transparency as a former official is detained over state asset loss.
—5 min read
EconomyPolicy
China Launches New SOE Reform Plan for Emerging Industries
China launches its third major SOE reform plan (2026-2029), directing state capital toward strategic emerging industries like AI and green energy.
—4 min read
EconomyTechnology
BNP Paribas Fortis to Replace 1,000 Jobs with AI by 2028
BNP Paribas Fortis plans to replace 1,000 jobs with AI over three years through natural attrition, signaling a major shift in Belgian banking.
—4 min read
EconomyLabor
Expert Debunks 4 Myths About Belgium's New Pay Rules
A PwC expert debunks four myths about Belgium's new pay transparency rules taking effect June 7, from salary negotiation to colleagues' pay.
—5 min read
EconomySociety
June 1: Insurance, Health, Eco-Cheque Changes for Belgians
Belgium's June 1 regulatory update: right to be forgotten extended, HPV vaccine reimbursement expanded, eco-cheque rules broadened, and more.
—4 min read
EconomyTransport
Rising Fuel Prices Drive Belgians to Trains, SNCB Reports
SNCB reports 10% surge in train ticket sales as rising fuel prices push Belgians toward rail travel amid the ongoing energy crisis.
—4 min read
HousingEconomy
Flanders Tightens Rules on Airbnb Amid Housing Crisis
Flanders tightens short-term rental rules, requiring Airbnb registration and giving local councils stronger powers to tackle illegal lets.
—5 min read
PoliticsEconomy
Powell Warns Against Political Pressure on Fed in JFK Speech
Former Fed Chair Jerome Powell used his JFK Profile in Courage Award speech to warn against political pressure on the Federal Reserve, courts and schools.
—5 min read
EconomyPolitics
Bond Market Inflation Warning Adds to Trump Midterm Woes
Rising Treasury yields signal investor concern over U.S. fiscal policy as the Iran war and tax cuts drive inflation fears ahead of the midterms.
—4 min read
PoliticsEconomy
All 31 Chinese Provinces Release 15th Five-Year Plans
All 31 Chinese provinces have released their 15th Five-Year Plans (2026-2030), outlining blueprints for modern industry, domestic demand, and livelihoods.
—5 min read
EconomyTrade
China Urges Export Tax Rebate Cuts as Surplus Hits Record
Chinese researchers urge cutting export tax rebates after a record $1.2 trillion trade surplus to boost household spending and ease trade tensions.
—4 min read
EconomyFinance
China's Hidden Debt Falls as LGFV Operational Debt Looms
China's hidden local debt fell 3.8 trillion yuan, but 14.8 trillion yuan in LGFV operational debt and high-interest loans create a new financial challenge.
—6 min read
TechnologyEconomy
China Launches State-Owned Enterprise Sci-Tech Alliance
China launches a Central Enterprise Sci-Tech Achievement Industrialization Alliance to bridge lab research and commercial production.
—5 min read
EconomyEnergy
China's Power Market Trading Volume Surges 25.6%
China's electricity market trading volume jumped 25.6% YoY in early 2026, driven by power market reform and full renewable energy market entry.
—4 min read
EconomySociety
Hangzhou's 'Accompanying Team' Model Supports Startups
Hangzhou introduces an 'entrepreneurship accompanying team' model, pairing experienced mentors with startup founders for full-process guidance and support.
—5 min read
TradeEconomy
China Fines 11 Firms in Rare Earth Export Control Crackdown
China penalized at least 11 companies for illegally exporting rare earths and critical minerals, intensifying enforcement of strategic resource controls.
—5 min read
EconomyTourism
China Issues Landmark Policy to Boost Industrial Tourism
Seven Chinese ministries jointly issue a landmark policy to develop industrial tourism, promoting factory tours, smart experiences, and heritage sites.
—4 min read
CultureEconomy
China's Guochao Trend Surges as Cultural Confidence Grows
China's Guochao trend accelerates as Gen Z embraces domestic brands blending tradition with modern design, projected to exceed 3 trillion yuan by 2028.
—5 min read
EconomyFood
China's First BBQ Academy Graduates Inaugural Class of 30
Yueyang BBQ Academy in Hunan graduates its first cohort, standardizing traditional barbecue into replicable skills for employment and overseas expansion.
—4 min read
EconomyChina
China Manufacturing PMI Holds at 50.0% in May
China's May manufacturing PMI held at 50.0%, as high-tech sectors surged while SMEs and traditional industries struggled.
—4 min read
TravelEconomy
Zhuhai Border Crossings Hit 100 Million as GBA Travel Booms
Zhuhai border crossings surpass 100 million passengers 16 days earlier than 2025, driven by GBA tourism and northbound vehicle policies.
—4 min read
PoliticsEconomy
Belgium Targets €6.7B Savings by 2029 in New Budget Plan
Belgium's Arizona coalition unveils a €6.7 billion savings plan by 2029, with measures on salary indexation, pensions, energy taxes, and air travel.
—5 min read
FinanceEconomy
Global Capital Flows Into China as MSCI Adds 19 Tech Stocks
MSCI adds 19 Chinese tech stocks as global capital shifts from short-term allocation to long-term commitment, with QFII holdings nearing 200 billion yuan.
—4 min read
EnergyEconomy
Belgium: Grid Operators to Compensate Solar Panel Owners
Walloon government mandates grid operators to compensate solar panel owners when systems disconnect due to grid saturation, with payments starting in 2027.
—4 min read
EconomyRegional
56 Flemish Municipalities Raise Property Taxes in 2026
Fifty-six Flemish municipalities raised property taxes in 2026, part of a wave of 88 Belgian towns increasing rates. See which are affected.
—4 min read
PoliticsEconomy
Blue-State Wealth Flight: A 2026 Warning Sign for Democrats
Billionaires are fleeing blue states over proposed wealth taxes. Analysts warn the exodus could become a major political liability for Democrats in 2026.
—6 min read
PoliticsEconomy
Trump Appeals Order Allowing Universal Tariff Refunds
Trump administration appeals a court order allowing all importers to seek refunds for $166B in struck-down IEEPA tariffs, potentially freezing repayments.
—5 min read
EconomyGeopolitics
SCO Fast-Tracks Plans for New Bank to Rival Western Lenders
The SCO accelerates plans for a development bank to rival the IMF and World Bank, signaling a push to reshape global financial architecture.
—4 min read
Science & TechnologyEconomy
China Releases 51 AI-Energy Scenarios for Power Grid
China releases 51 high-value AI + Energy scenarios at a Shenzhen conference, targeting smart grids, virtual power plants, and computing-power coordination.
—4 min read
Infrastructure & TransportEconomy
China-Laos Railway Reaches 100,000 Passenger Train Trips
The China-Laos Railway has surpassed 100,000 passenger train journeys, carrying 73.38 million passengers since 2021 in a major BRI milestone.
—4 min read
PoliticsEconomy
Wang Yi Says Canada Could Double Exports to China
Chinese Foreign Minister Wang Yi visits Canada for the first time in a decade, suggesting Ottawa could double exports to China as bilateral relations thaw.
—4 min read
EconomyFinance
China Issues RMB 6 Billion Green Sovereign Bonds in HK
China issues RMB 6 billion in green sovereign bonds in Hong Kong, attracting 62.4 billion in subscriptions and reinforcing green finance leadership.
—5 min read
Science & TechnologyEconomy
China's EVs Are Getting Heavier, Posing Industry Challenges
China's new energy vehicles have gained 27.5% in weight since 2020, driven by larger batteries and features, raising safety and infrastructure concerns.
—5 min read
Society & CultureEconomy
Ghost Takeout Crisis: Record Fine Exposes Regulatory Gaps
China's investigation uncovered 67,604 ghost kitchens on major delivery platforms, leading to a record 35.97 billion yuan fine and new food safety rules.
—6 min read
EconomyChina
China Approves Yacht Free Travel for Greater Bay Area
China's State Council approves a landmark yacht free travel scheme for the Greater Bay Area, unlocking marine tourism and a 100-billion-yuan industry.
—4 min read
Society & CultureEconomy
China's Summer Box Office: 53 Films and Bold New Models
China's summer box office season kicks off with 53 films, hit 'Letter to Grandma,' and innovative 'Movie+' models transforming cinemas.
—4 min read
EconomyPolitics
Belgium Passes 2026 Law on Salaries, Pensions and Energy
Belgium's parliament approves the Arizona coalition's programme law with capped wage indexation, pension reform, energy tax changes and flight taxes.
—5 min read
EconomyPolitics
Belgium Approves €60M Tax Credit for Commuters Amid Crisis
Belgium's Parliament approved a temporary tax credit for commuting expenses, part of an €80M energy relief package amid soaring fuel prices.
—4 min read
EconomyEnergy
Belgium Fuel Prices Drop 10 Cents Per Litre from Friday
Belgian petrol and diesel prices drop over 10 cents per litre from Friday, offering relief at the pump amid high living costs.
—4 min read
EconomyTransport
Belgium Raises Flight Tax: What It Means for Travelers
Belgium increases its flight tax on short and long-haul flights through 2029. Here's how much more you'll pay and what experts say.
—4 min read
EconomyTechnology
The End of the Barcode: Why 2027 Marks a Retail Revolution
The traditional barcode is being phased out by 2027 in favor of QR codes. Here's how the Sunrise 2027 transition will change shopping.
—5 min read
JusticeEconomy
New Antwerp Prison Empty as Government Pays €2M Monthly Rent
A new 440-cell prison in Antwerp stands empty due to technical issues and staffing shortages, while Belgium pays nearly €2 million monthly in rent.
—5 min read
EnergyEconomy
Wallonia Mandates Solar Panel Disconnection Compensation
Belgium's Walloon region requires grid operators to compensate solar panel owners when systems disconnect due to grid overload, in a landmark policy.
—5 min read
Economy
Inflation Hits 3.8%, Consumer Sentiment at Record Low
US inflation hits 3.8% in April, highest in three years, as consumer sentiment plunges to a record low amid the Iran war-driven energy crisis.
—7 min read
PoliticsEconomy
Treasury Prepares Trump $250 Bill as 160-Year Law Blocks
Treasury Secretary Bessent confirms a $250 bill design featuring Trump, but a 160-year-old law banning living people on currency blocks its path.
—5 min read
Health & BiotechnologyEconomy
China's Biotech Surge at ASCO 2026 Challenges US Dominance
Chinese biotech firms set records at ASCO 2026 with 95 abstracts and a $10.5B Pfizer-Innovent deal, fueling concerns over US drug dominance.
—5 min read
TechnologyEconomy
China's AI Boom Drives Record Profits and Tech Surge
China's AI sector drives 24.7% industrial profit growth, sparks optical communication export boom, and ignites a funding frenzy among AI startups.
—5 min read
EconomyPolicy
China Unveils 15th Five-Year Urban Renewal Plan
China issues first urban renewal five-year plan as logistics surge, trade-in policies boost consumption, and economists debate export rebate cuts.
—5 min read
PoliticsEconomy
Belgian Chamber Approves Pension Reform and Centenindex
Belgium's Chamber approves pension bonus-malus reform, centenindex wage cap, and energy support in an overnight legislative session.
—5 min read
EconomyBelgium
Bpost Sees 50,000 Extra Packages Per Day on Holiday Pay
Bpost is processing 50,000 extra packages daily, a 10% surge driven by holiday pay. The company says no delivery delays are expected.
—4 min read
Economy
Bpost CEO: Social Agreement a Step Forward, Work Remains
Bpost CEO Chris Peeters calls new social agreement an important step after weeks of strikes, but warns the company's transformation is far from complete.
—4 min read
EconomyPolitics
Walloons Want Tax Cuts and More Spending, Survey Reveals
The 2026 National Budget Survey reveals 40% of Walloons prioritize tax cuts while demanding more state spending, challenging Belgium's austerity plans.
—4 min read
Economy
China Urged to Cut Export Tax Rebates as Surplus Hits Record
Chinese economists call for targeted cuts to export tax rebates after the trade surplus hit a record $1.2 trillion, sparking debate over export-led growth.
—4 min read
Economy
Zeeman Closing 150 Stores Across Europe, Spares Belgium
Dutch discount retailer Zeeman is closing up to 150 stores across Europe by 2028, but its 270 Belgian stores remain unaffected.
—4 min read
EconomyUnited States
Nearly Half of U.S. Households Couldn't Afford Basics in '24
Brookings report: 45.5% of U.S. households couldn't cover necessities in 2024, as stagnant wages and rising costs deepen the affordability crisis.
—5 min read
Economy
Tomatoes Become the Face of America's Affordability Crisis
Tomato prices have surged 40% as tariffs on Mexican imports, the Iran war, and climate factors create a 'perfect storm' squeezing American consumers.
—5 min read
EconomyPolitics
PCE Inflation Hits 3.8% in April as Spending Power Erodes
The Fed's preferred PCE inflation gauge rose to 3.8% in April, squeezing households as incomes fall and savings dwindle, complicating rate cut prospects.
—4 min read
EconomyAgriculture
U.S. Cattle Herd at 75-Year Low, Driving Beef Prices Higher
The U.S. cattle herd has fallen to 86.2 million head, the smallest since 1951. Drought, screwworm, and consolidation are driving beef prices higher.
—6 min read
PoliticsEconomy
Swing Voters Factor High Gas Prices Into Midterm Calculus
NPR's Swing Shift project finds swing voters factoring high gas prices into midterm decisions as a new poll shows 63% blame President Trump.
—5 min read
PoliticsEconomy
Treasury Prepares $250 Bill Featuring Trump's Portrait
The Treasury Department has prepared designs for a $250 bill with President Trump's portrait, but a 160-year-old law and stalled Congress stand in the way.
—5 min read
TechnologyEconomy
China Tech Sector Catches AI Funding Fever
Chinese AI startups, chipmakers and internet platforms are raising billions as a capital frenzy fueled by US tech valuations sweeps through China.
—6 min read
EconomyTechnology
China Industrial Profits Surge on AI Boom, Fastest in 2 Yrs
China's industrial profits surged 24.7% in April, the fastest in over two years, driven by AI demand, semiconductors, and higher oil prices.
—4 min read
EconomyChina
China Financial Power Steady Under 15th Five-Year Plan
China advances financial power construction under the 15th Five-Year Plan with double-digit loan growth and 800 billion yuan in new policy instruments.
—4 min read
EconomyTechnology
New Quality Productive Forces Power China 15th Plan Economy
From fusion energy to humanoid robots, China's new quality productive forces drive high-quality development in the 15th Five-Year Plan era.
—5 min read
Economy
China Logistics Data: 5.5% Growth Signals Surging Momentum
China's Jan-Apr logistics value reached 121.7 trillion yuan, up 5.5% YoY. High-tech manufacturing and instant retail surge as cross-border networks expand.
—5 min read
EconomyChina
China's Trade-In Policy Drives $28.7 Billion in Spending
China's trade-in policy has benefited 31 million consumers and driven 207 billion yuan in sales as Beijing expands subsidies to smart home and AI products.
—4 min read
DiplomacyEconomy
10th China-South Asia Expo to Open in Kunming June 11-16
The 10th China-South Asia Expo runs June 11-16 in Kunming, featuring 60+ countries, a new Procurement Matching Center, and 800 free booths for South Asia.
—4 min read
Food SafetyEconomy
Shuanghui Apologizes After Pork Antibiotics 37.5x Over Limit
China's top meat processor Shuanghui apologizes after pork tests 37.5 times the legal antibiotic limit, sparking food safety fears and stock sell-off.
—4 min read
EconomyChina
China Industrial Profits Surge 18.2% Led by High Tech
China's industrial profits grew 18.2% in Jan-Apr 2026, led by high-tech manufacturing and electronics as economic transformation accelerates.
—4 min read
InfrastructureEconomy
Pinglu Canal Excavation Complete, Set to Open September 2026
China's Pinglu Canal in Guangxi completes main channel excavation. The 134.2-km waterway, the first canal since 1949, will open in September 2026.
—4 min read
RegulationEconomy
China Cracks Down on 'Involution' in Key Industries
China's market regulator launches an eight-month crackdown on 'involution-style' competition in live streaming and food delivery.
—4 min read
International RelationsEconomy
China-ASEAN Cooperation Delivers Tangible Regional Benefits
China and ASEAN deepen ties with FTA 3.0 upgrade, surging trade, and the China-Laos Railway delivering real benefits to communities.
—5 min read
Real EstateEconomy
China's Second-Home Market Surges in Key Cities
China's second-hand home transactions surged in Q2 2026, with Beijing and Shanghai hitting multi-year records amid government support.
—5 min read
International CooperationEconomy
Chinese Enterprises Drive BRICS Smart Manufacturing Push
At the BRICS forum in Xiamen, Chinese enterprises showcase smart manufacturing and innovation driving cooperation with partner nations.
—5 min read
EconomyChina
China Blends Tourism, Sports and Night Economy for Growth
China expands summer consumption through multi-format integration, blending tourism, sports, and night economy to boost domestic demand.
—4 min read
TechnologyEconomy
Chinese AI Models Shift from Free to Value-Focused Strategy
China's AI industry pivots from free services to paid subscriptions as ByteDance's Doubao leads with tiered pricing, signaling market maturation.
—5 min read
EconomyPolicy
All 31 Chinese Provinces Prioritize New Energy in Plans
All 31 Chinese provinces make new energy the top priority in their Five-Year Plans, revealing a nationwide green energy push and strategic differentiation.
—5 min read
PoliticsEconomy
Belgium Votes on Landmark Pension and Indexation Reforms
Belgian parliament votes on centenindex and pension reform after months of delay. The measures will impact wages, benefits, and retirement for millions.
—5 min read
FinanceEconomy
Foreign Investors Hold Over 4 Trillion Yuan in A-Shares
CSRC Vice Chairman Liu Haoling announces foreign investors hold over 4 trillion yuan in A-shares, marking a milestone in China's capital market opening-up.
—4 min read
EconomyEnergy
Electrabel Pays Record €10.4 Billion Dividend to Engie
Electrabel distributes €10.4 billion to French parent Engie in Belgium's largest-ever profit distribution, raising questions about capital outflows.
—5 min read
SocietyEconomy
Pessimism Spreads Among Belgians as Economic Anxiety Deepens
Nearly 7 in 10 Belgians believe the economy has worsened, a major national survey reveals, with sharp regional divides over government austerity measures.
—4 min read
Economy
Belgian Inflation Hits 4.08% in May as Energy Costs Bite
Belgium's inflation rose to 4.08% in May, driven by surging energy prices linked to the Middle East conflict. Diesel up 33.7%, airline tickets soar 69.1%.
—4 min read
TechnologyEconomy
Ghent Ranks 4th in Europe, 10th Globally in Tech Ranking
Ghent jumps to 4th in Europe and 10th worldwide in Dealroom's 2026 tech city ranking, driven by startups, unicorns, and university innovation.
—5 min read
Labor & IndustryEconomy
Thy-Marcinelle Strike Escalates in Charleroi
Strike at Thy-Marcinelle steelworks in Charleroi intensifies as workers block cold-phase access, protesting inadequate severance for 179 threatened jobs.
—4 min read
EconomyConsumer
Fuel Prices in Belgium Set to Drop Significantly on Friday
Belgian fuel prices drop sharply on May 29: petrol down 11.8 cents, diesel down 10.3 cents per liter, driven by US-Iran peace optimism.
—4 min read
EconomyDefense
FN Browning Acquires British Precision Rifle Maker AI
Belgian arms giant FN Browning Group acquires UK-based Accuracy International, bolstering its precision rifle portfolio and UK defence industry.
—4 min read
SocietyEconomy
Six Major Changes Take Effect for Belgians on June 1, 2026
From insurance and health to eco-cheques and rail jobs, six key policy changes come into force for Belgians on June 1, 2026.
—4 min read
EconomyPolitics
45.5% of U.S. Households Can't Afford Basics, Brookings Says
Brookings report: 45.5% of U.S. households can't afford basics. Stagnant wages, high costs, and new inflation pressures deepen the crisis.
—5 min read
EconomySociety
Food Insecurity in America Surpasses Pandemic-Era Levels
New York Fed data shows 10% of U.S. families now skip meals due to lack of food, surpassing pandemic highs amid rising costs and SNAP cuts.
—5 min read
Economy
U.S. Inflation Hits 3.8%, Fastest Pace in Three Years
The PCE price index rose 3.8% in April, the fastest since May 2023, driven by energy costs from the Iran war and straining household budgets.
—5 min read
HealthEconomy
8% of Americans Uninsured in 2025 as Policy Changes Loom
CDC data shows 8% of Americans lacked health insurance in 2025, but Medicaid cuts and expired ACA subsidies could drive millions more uninsured.
—4 min read
EconomyInfrastructure
Trump Gas Tax Holiday Plan Threatens Infrastructure Funding
Trump's gas tax holiday push could worsen an infrastructure funding crisis as the Highway Trust Fund faces a $17 billion shortfall.
—5 min read
EconomyUnited States
US Jobless Claims Rise to 215,000; Layoffs Low Amid Iran War
Weekly US jobless claims rose to 215,000, but layoffs remain historically low despite economic uncertainty from the Iran war and rising oil prices.
—5 min read
Trade & DiplomacyEconomy
US to Seek Public Comment on Chinese Goods for Tariff Cuts
U.S. Trade Representative Jamieson Greer announced a public comment process to determine which Chinese imports qualify for lower tariffs.
—4 min read
EconomyChina
China Revenue Rises as Spending Slows, Profits Surge
China's fiscal revenue rose 6.7% in April while spending fell 3.2%. Industrial profits surged 24.7% on AI and energy demand, signaling a mixed economy.
—5 min read
Real EstateEconomy
China's First-Tier Cities See Housing Market Recovery
Beijing, Shanghai, Guangzhou and Shenzhen show clear signs of housing market recovery as stimulus measures drive price stabilization and surging volumes.
—5 min read
EconomyEurope
Belgium Faces 2.5 Billion Extra EU Payment Each Year
The European Commission's proposed €2 trillion budget could force Belgium to pay an extra €2.5 billion per year, straining its tight national budget.
—5 min read
EconomyLabor
GSK Workers in Belgium Denounce 'Unacceptable' Cuts
Renewed labor tensions at GSK in Belgium as workers denounce reduced severance terms for six employees, calling the situation 'extremely worrying.'
—4 min read
PoliticsEconomy
China Halts Rare Earth Exports to Japan
China confirms suspension of rare earth exports to Japan, citing nuclear ambitions and remilitarization fears in a major bilateral crisis.
—5 min read
Science & TechnologyEconomy
China's Commercial Space Sector: Key Growth Areas Identified
People's Daily analysis examines where China's commercial space sector must focus for growth: reusable rockets, innovation ecosystems, and policy support.
—4 min read
EconomyChina
Guangdong Launches $14B Strategic Industry Fund
Guangdong launches a 100-billion-yuan strategic industry fund with no fixed term, pioneering long-cycle investment in AI, new energy, and manufacturing.
—5 min read
EconomyBusiness
China Sees 20,000+ New Foreign Firms in Early 2026
China established over 20,000 new foreign-invested enterprises in Jan-Apr 2026, up 6.8% YoY. High-tech FDI surged 20.3% as overall FDI dipped.
—4 min read
EconomyChina
Shenzhen Population Hits 18 Million, Leads China in Growth
Shenzhen's permanent population exceeds 18 million for the first time, with 2025 growth of 259,000 ranking first among Chinese cities.
—4 min read
EconomyEnergy
China Scraps Fixed Time-of-Use Power Pricing in 9 Provinces
Nine Chinese provinces cancel fixed time-of-use electricity pricing, shifting from government-set rates to market-driven pricing in a landmark reform.
—5 min read
EconomyEnergy
China's Historic Breakthrough in Shale Oil Exploration
China's Shengli Jiyang shale oil zone surpasses 2M tonnes, unlocking reserves international experts deemed commercially unviable.
—4 min read
TechnologyEconomy
OpenAI CEO Admits AI Costing Fewer Jobs Than Feared
OpenAI CEO Sam Altman says AI is displacing fewer jobs than predicted, admitting 'I’m glad I was wrong' about white-collar job losses.
—5 min read
Economy
US Consumer Confidence Sinks as War-Driven Inflation Bites
Consumer confidence fell in May as gas prices topped $4.50/gallon and inflation hit 3.8%. The University of Michigan sentiment index hit a record low.
—5 min read
EconomyHousing
Homes Not Moving: Five US Cities Hit by Steep Price Cuts
Phoenix, Tampa, San Antonio, Denver, and Portland lead US markets in home price cuts as high rates and inflation cool buyer demand.
—4 min read
EconomyTravel
Airline Miles Lose Value as Iran War Drives Up Summer Fares
Rising jet fuel costs from the Iran conflict are reducing the purchasing power of airline reward miles just as summer travel season begins.
—5 min read
SportsEconomy
World Cup Transit Sticker Shock Hits Fans in US Host Cities
Fans attending the 2026 World Cup face high transit costs in US host cities, with $98 train fares in New Jersey and $80 in Massachusetts sparking outrage.
—6 min read
InfrastructureEconomy
China Water Network Accelerates With $28.7B Q1 Investment
China accelerates national water network with 24,231 projects and $28.7B in Q1 2026. Major projects span Qinghai to Zhejiang, driving growth.
—5 min read
EconomyTechnology
China Unveils Six Network Roadmaps for Trillion-Yuan Markets
China's six network roadmaps target 7+ trillion yuan annually across water, power, computing, communication, pipeline, and logistics networks.
—4 min read
EconomyTechnology
China High-Tech FDI Surges 20.3% in First 4 Months of 2026
China's high-tech FDI grew 20.3% in Jan-Apr 2026, reaching 40.4% of total investment, signaling a shift toward innovation-driven sectors.
—4 min read
AgricultureEconomy
China's Summer Grain Regions Race Rain to Secure Harvest
China's main wheat-producing provinces battle persistent rain to protect the summer grain harvest, deploying thousands of harvesters and drying centers.
—5 min read
EconomyLogistics
China's Cold Chain Logistics Grows Steadily in Q1
China's cold chain logistics demand hit 0.867B tons in Q1 2026, up 4.46%. New energy refrigerated truck sales surged 66.55% as smart storage grows.
—4 min read
PoliticsEconomy
Belgian Municipalities Take Lead on Cadastral Income Reform
Belgian municipalities are bypassing federal inaction to update the 50-year-old cadastral income system, aiming for fairer property taxation.
—4 min read
TourismEconomy
Belgian Coast Records Best Pentecost Weekend in Five Years
The Belgian coast saw 450,000 day tourists and 525,000 overnight stays over Pentecost weekend, the best in five years, boosted by tropical temperatures.
—4 min read
EconomyConsumer
Fuel Prices Force Americans to Cut Back Memorial Day Travel
Rising gas and jet fuel costs, driven by the Iran war, are reshaping Memorial Day travel as Americans opt for shorter trips and closer destinations.
—5 min read
EconomyFood Industry
Pay What You Want: Austin Restaurant Defies Inflation Trend
An Austin restaurant's pay-what-you-will Tuesdays offer a lifeline to diners priced out of dining out as inflation reshapes the restaurant industry.
—5 min read
Economy
Yuan Hits Three-Year High: Where the Currency Is Headed
The Chinese yuan hits a three-year high against the US dollar. Analysts debate the trajectory as Goldman Sachs forecasts 6.5 per dollar.
—5 min read
TechnologyEconomy
Chinese AI Giants Race for Capital as Funding Hits $41B
China's AI sector sees a record funding surge as Moonshot AI and StepFun raise over $4.5B in 24 hours, fueling a race for AI dominance.
—5 min read
EconomyTechnology
China's EV Charging Network Hits 21.96M, Surging 47.4% YoY
China's EV charging infrastructure hit 21.96 million units by April 2026, up 47.4% year-on-year, building the world's largest charging network.
—4 min read
DiplomacyEconomy
He Lifeng Urges APEC Unity at 32nd Trade Ministers Meeting
Chinese Vice Premier He Lifeng addresses the 32nd APEC Trade Ministers Meeting in Suzhou, calling for cooperation and regional economic integration.
—4 min read
EconomyTechnology
China Accelerates Data Infrastructure Under Data Element X
China's National Data Administration says Data Element X initiative is accelerating data infrastructure construction and operation across 43 cities.
—4 min read
Economy
China's High-Tech FDI Surges 20.3% in Early 2026
China's high-tech FDI surged 20.3% in early 2026, reaching 116.33 billion yuan, as over 20,000 new foreign-invested enterprises were established.
—5 min read
Economy
China's Logistics Network Hits 630M Parcels, 160M Tons Daily
China's logistics network handles 630M parcels and 160M tons daily, making it the world's largest market. New Five-Year Plan targets 95% completion.
—4 min read
PoliticsEconomy
Mahdi Claims €7B Savings Achievable in Belgian Budget Push
CD&V leader Sammy Mahdi challenges Belgian coalition partners with bold budget proposals, claiming €7 billion in savings is achievable.
—4 min read
EconomyEnergy
Gas Prices Hit 4-Year High as Summer Energy Costs Surge
Gas prices reach $4.55/gal ahead of Memorial Day while electricity bills climb 8.5%. The Iran war drives energy costs to multi-year highs.
—5 min read
EconomyChina
Chinese Yuan Hits Three-Year High Against US Dollar
The Chinese yuan breaks through 6.8 per dollar for the first time in three years, driven by trade surplus and Fed rate-cut expectations.
—5 min read
TechnologyEconomy
Chengdu Launches Regular Low-Altitude Urban Logistics Routes
Chengdu launches regular low-altitude urban drone logistics routes, delivering cargo across the city in minutes. A milestone for China's drone economy.
—5 min read
EconomySociety
China's 'Savvy Silvers' Emerge as Key Consumer Force
China's 55-65 'Savvy Silvers' are emerging as a major consumer force, spending on leisure, travel and self-improvement, reshaping the economy.
—5 min read
SocietyEconomy
China Silver Economy Nears 10 Trillion Yuan Elderly Top 323M
China's 60+ population exceeds 323 million as the silver economy nears 10 trillion yuan. Elderly care shifts from supplementary to universal coverage.
—4 min read
PoliticsEconomy
CD&V Chairman Mahdi Fires at Coalition Partners Over Budget
CD&V chairman Sammy Mahdi criticizes coalition partners over the centenindex and outlines a plan to find €7 billion in budget savings.
—4 min read
EconomyFinance
Belgian Tax 2026: New Measures That Could Cost You More
Belgium's 2026 tax declaration eliminates 47 codes and slashes deductions, potentially costing households thousands. Here's what changed.
—4 min read
EconomyHousing
Belgian Mortgage Rates Hit 12-Year High: Buy Now or Wait?
Fixed mortgage rates in Belgium reach 4.13%, the highest in 12 years. Expert analysis on whether to buy a home now or wait amid geopolitical turmoil.
—4 min read
BusinessEconomy
Shein Buys Everlane: Fast Fashion Giant Acquires Rival
Chinese fast-fashion giant Shein acquires sustainable brand Everlane in a $100M deal, sparking customer backlash and greenwashing concerns.
—4 min read
EconomyEnergy
Gas Price Crisis Grips US Ahead of Memorial Day Weekend
National gas prices hit $4.55/gallon as Iran war disrupts oil supplies, California battles Chevron, and 45M Americans face costly holiday travel.
—6 min read
EconomyEnergy
Summer Electric Bills Sizzle as Cost of Cooling Climbs
Americans face soaring summer electric bills as rising temperatures and higher energy prices drive cooling costs up 8.5%, straining household budgets.
—5 min read
EconomySociety
China's Silver Economy Nears 10 Trillion Yuan in Aging Boom
China's silver economy approaches 10 trillion yuan as the 60+ population exceeds 323 million, marking a major shift to universal elderly care.
—4 min read
TechnologyEconomy
AI Drives Two-Way Shift in China's Labor Market, Survey
A new Zhaopin survey shows AI is creating and destroying jobs in China simultaneously, with AI hiring surging 12x while vulnerable roles shrink.
—6 min read
EconomyTrade
China Overtakes US as Germany's Top Investment Source
Chinese companies launched 228 investment projects in Germany in 2025, surpassing the US for the first time since 2017, a new GTAI report shows.
—4 min read
PoliticsEconomy
China State Council Advances Unified Market, PBOC Law Reform
Premier Li Qiang chairs State Council meeting advancing unified national market, approving emergency system plan, and discussing PBOC law revision.
—4 min read
TransportationEconomy
China Civil Aviation Sets New Record with 61M Passengers
China's civil aviation sector carried 61.2 million passengers in April 2026, a new monthly record, driven by strong international travel growth of 5.8%.
—3 min read
SocietyEconomy
Belgium Food Aid Crisis: 560,000 Rely on Parcels, Budget Cut
Food aid in Belgium hits historic highs with 560,000 beneficiaries, up 251% in 30 years. Budget cuts and unemployment reform deepen the crisis.
—4 min read
Economy
Middle East War Tightens Credit Squeeze on Belgian Firms
The Middle East conflict drives up borrowing costs for Belgian firms as credit tightens, inflation hits 4%, and growth forecasts are cut.
—4 min read
PoliticsEconomy
Belgium Rejects Social Partners' Wage Indexation Plan
Belgium's majority coalition rejects the social partners' alternative wage indexation plan, maintaining the government's limited indexation reform.
—4 min read
EconomyLegislation
Belgium Must Overhaul Sales Law After Landmark EU Ruling
Belgian Council of State strikes down sales law as incompatible with EU directive, forcing a major legislative overhaul and ending old restrictions.
—4 min read
InfrastructureEconomy
China Unveils $970B 'Six Networks' Infrastructure Mega-Plan
China's NDRC announces 'six networks' infrastructure plan with over 7 trillion yuan annual investment to boost economy and drive digital transformation.
—5 min read
EconomyPolitics
Kevin Warsh Takes Charge of Fed Amid Rising Inflation Threat
Kevin Warsh was sworn in as Fed chair on May 22, inheriting an economy with 3.8% inflation, a divided FOMC, and pressure from Trump to cut rates.
—5 min read
EconomyPolitics
Trump Eases Refrigerant Rule to Address Grocery Costs
Trump loosens federal refrigerant regulations to lower food prices, delaying Biden-era HFC restrictions amid 3.8% inflation and rising grocery costs.
—5 min read
EconomyEnergy
Gasoline Hits €2/L in Belgium as Iran Conflict Drives Costs
Gasoline prices in Belgium surpass €2 per liter for the first time since 2022. Experts analyze the Iran conflict's impact and what comes next.
—4 min read
LaborEconomy
Ikea Hognoul picketed after union delegate dismissal
Workers picket Ikea Hognoul after a union delegate's dismissal, escalating long-running labor tensions at the Swedish retailer's Belgian operations.
—3 min read
LifestyleEconomy
Walloons Lead Belgium in Organic Food, New Study Shows
Walloons spend €147 per capita on organic food, the highest in Belgium. But while consumption grows, organic production declines for a third year.
—5 min read
EconomyPolitics
Belgium's Triple Shock: Deficit, Indexation, and Sales Law
Belgium's deficit stabilizes at 5.2% as parliament votes on wage indexation caps and a court ruling upends the nation's sales period system.
—5 min read
TechnologyEconomy
NYC Faces 50% Chance of AI-Driven Job Losses, Report Warns
NYC Comptroller Mark Levine warns thousands of NYC jobs could be lost to AI, urging Mayor Mamdani to build a $13.5B rainy day fund.
—5 min read
PoliticsEconomy
Pa. Swing Districts Weigh Rising Costs as Midterms Approach
Voters in Pennsylvania's 7th and 8th districts express deep frustration over rising costs ahead of the 2026 midterm elections.
—4 min read
PoliticsEconomy
Trump Eases Refrigerant Rules in Push to Lower Grocery Costs
President Trump rolls back Biden-era EPA refrigerant rules, claiming $2.4B in savings. Experts question whether grocery prices will actually fall.
—4 min read
Real EstateEconomy
Single Gen Z Women Outpace Men in Homeownership Amid Slump
Single Gen Z women buy homes at nearly double the rate of Gen Z men, even as first-time buyers hit a record low. Experts cite education and independence.
—5 min read
PoliticsEconomy
Belgium Faces Twin Budget Crises as Austerity Pressures Rise
Walloon Minister-President Dolimont demands €2B in new cuts while federal coalition faces centenindex vote and €7B budget gap.
—5 min read
Economy
Belgian Fuel Prices Hit Record High as Reserves Dwindle
Belgian gasoline tops €2 per liter for first time since 2022 as Strait of Hormuz blockade depletes global oil reserves, experts warn.
—4 min read
LaborEconomy
Brussels Home Help Workers Protest Service Voucher Crisis
Home help workers protest in Brussels as Belgium's service voucher system faces a deepening crisis, with up to 735 jobs threatened by regulatory changes.
—5 min read
EconomyTechnology
Ghent Leads Flemish Job Creation with €61B Startup Ecosystem
Ghent outpaces all Flemish cities in job creation, driven by a €61 billion startup ecosystem and foreign investment that generated 1,800 new jobs.
—4 min read
PoliticsEconomy
Oregon Voters Reject Gas Tax Hike Amid Iran War Fuel Crisis
Oregon voters rejected Measure 120, a Democratic-backed gas tax increase, by an 82% margin as the Iran war drives fuel prices to $5.34 per gallon.
—5 min read
EconomyFinance
Bond Market Rumbles Again as Yields Hit Multi-Year Highs
Treasury yields are surging to multi-year highs, sending warning signals for stocks, the Trump administration, and global markets.
—5 min read
EconomyTrade
Chinese FDI in Europe Hits 7-Year High Despite Tensions
Chinese FDI in Europe surged to €16.8 billion in 2025, a 67% increase, driven by M&A and record greenfield investment in the EV supply chain.
—5 min read
Health & MedicalEconomy
China Expands Coronary Stent Procurement, Slashing Costs
China renews coronary stent procurement with 4,468 hospitals, expanding access to life-saving cardiac care at reduced prices.
—4 min read
EconomyTrade
China Briefs on Preliminary US Trade Consultation Results
China's Commerce Ministry details eight areas of progress from US trade talks, including tariffs, agriculture, Boeing aircraft, and rare earths.
—4 min read
EconomyTrade
China Rare Earth Magnet Supply to Japan Slows
China's rare earth magnet exports to Japan show only a weak rebound in April, as Japanese manufacturers warn of severe supply disruptions.
—5 min read
EconomyFinance
China Vows Zero Tolerance for Listed Company Financial Fraud
China's Ministry of Public Security declares zero tolerance for financial fraud by listed companies, targeting executives and intermediaries.
—5 min read
EconomyTechnology
Yangtze Memory Group Files for A-Share IPO in Landmark Move
China's leading NAND flash maker Yangtze Memory Technology Group files for A-share IPO, a milestone in semiconductor self-sufficiency amid U.S. sanctions.
—6 min read
EconomyTourism
China Launches 'Tax Refund 2.0' to Boost Foreign Tourism
China launches Tax Refund 2.0 with 8 measures to simplify tax refunds for foreign tourists, including paperless processing and mutual recognition.
—4 min read
EconomyFinance
China's Fiscal Revenue Grows 3.5% in First Four Months
China's fiscal revenue rose 3.5% year-on-year in Jan-Apr 2026, accelerating from Q1, as tax growth and front-loaded spending signal economic recovery.
—3 min read
EconomyReal Estate
Belgian Mortgage Rates Hit 12-Year High, Adding €30K to Cost
Belgian mortgage rates hit 4.13%, a 12-year high, adding €30,000 in extra interest for homebuyers. Geopolitical tensions and ECB policy drive the surge.
—4 min read
EconomyTechnology
Stellantis to Build Chinese Cars in Europe in Landmark Deal
Stellantis signs deals to manufacture Chinese Voyah EVs in France and explore US collaboration with JLR, marking a strategic shift.
—5 min read
EconomyConsumer
Gas Prices Surge Past $4.80 Ahead of Summer Travel Season
Gas prices are surging past $4.80 per gallon ahead of summer travel, driven by the Iran war and Strait of Hormuz closure. Consumers face higher costs.
—4 min read
EconomyBusiness
Target Sales Surge, Schlitz Ends, Teen Jobs Hit Record Low
Target posts biggest sales jump in 4 years, Schlitz beer ends after 177 years, and teen summer jobs hit record lows in a complex U.S. economy.
—5 min read
EconomyBusiness
2026 CIFTIS Draws 223 Exhibitors, Adds WIPO as Co-Organizer
The 2026 China International Fair for Trade in Services announces 223 enterprises, Norway as guest of honor, and WIPO as co-organizer ahead of September.
—4 min read
HousingEconomy
Gen Z Women Outpace Men in Homeownership, New Data Shows
Single Gen Z women are buying homes at nearly double the rate of Gen Z men, according to new NAR data, bucking broader declines in first-time homebuying.
—4 min read
EconomyLabor
Air Liquide Workers Strike in Seraing Over Job Cuts
Workers at Air Liquide's Seraing site strike over job cuts as unions reject severance proposals and demand better conditions for 61 affected employees.
—4 min read
EconomyPolitics
Brussels Voucher Crisis: 735 Jobs at Risk as Ministers Clash
Up to 735 jobs at risk in Brussels' service voucher sector as a 2024 decree creates legal incompatibility, sparking political blame.
—4 min read
EconomyFinance
Record Belgians Use Pass-Through Gifts to Avoid Tax
A record 1,251 Flemish families used doorgeefschenking in 2025, transferring €398 million tax-free. How pass-through gifts work and the risks to watch for.
—5 min read
PoliticsEconomy
Walloon Government Breaks Taboos in €2B Austerity Push
Wallonia's MR-Engagés coalition government announces €2 billion in new austerity measures, breaking political taboos and straining coalition unity.
—4 min read
EconomyFinance
Belgium Capital Gains Tax: Opt-In or Opt-Out Deadline Looms
Belgian investors face a May 31 deadline to choose between bank-led capital gains tax withholding or self-declaration. Here is what you need to know.
—5 min read
EconomyAutomotive
Stellantis Launches Affordable E-Car Project for Europe
Stellantis announces E-Car project to produce small, affordable EVs starting in 2028 at its Pomigliano plant in Italy, targeting the European market.
—4 min read
EconomyLabor
Flemish Workers Earned €2,895 Monthly, Gender Gap Narrows
Statistics Flanders data shows the average Flemish worker earned €2,895 net per month in 2024, with the gender pay gap narrowing to €371.
—4 min read
International PoliticsEconomy
Netherlands Revives Push to Tap Frozen Russian Assets
The Netherlands seeks EU support to use €200B in frozen Russian assets for Ukraine, reopening a bitter debate with Belgium over legal and financial risks.
—5 min read
EconomyTaxation
Taboo Falls: Belgian Cities Review Cadastral Income Values
More Belgian cities review decades-old cadastral income values, breaking a political taboo. Leuven leads with a plan to reassess thousands of properties.
—5 min read
EconomyEnergy
Belgian Gas Reserves at Critical Low Ahead of Winter
Belgium's gas storage is only 23.75% full, raising energy security concerns and potential price hikes for consumers ahead of the 2026-2027 winter.
—4 min read
EconomyLabor
Highly Qualified Youth Struggle to Find Jobs in Belgium
Despite rising education levels, highly qualified young Belgians face growing job market difficulties as employers reject overqualified candidates.
—5 min read
EconomyPolitics
Belgian Unions and Employers Unite on Wage Indexation Cap
Belgian unions and employers jointly urge the government to scrap plans to cap wage indexation ahead of a critical vote.
—4 min read
EconomyPolitics
Fermette Tax Debate: Who Will Pay for Belgium's Rural Levy?
Belgium's proposed fermette tax on rural property conversions sparks coalition rift over farmland preservation and housing.
—4 min read
Economy
Belgian Supermarket Prices Fall Despite Surging Inflation
Supermarket prices in Belgium are falling as inflation surges to 4.01%. An economist warns the situation is abnormal and predicts a price shock.
—5 min read
EconomyHousing
Single Tenants in Belgium Spend 55% of Income on Housing
Single tenants in Belgium now spend 55% of income on housing, nearly double the affordability threshold. New data reveals a deepening crisis.
—4 min read
EconomyPolitics
Walloon Service Voucher System Set for Major Reform
Wallonia prepares to reform its titres-services system as Minister Jeholet warns of financial strain, labor shortages, and risk of undeclared work.
—4 min read
EconomyEnergy
Diesel Prices in Belgium Drop to €2.116 Starting Saturday
Belgian diesel prices fall by 6.2 euro cents to €2.116 per liter starting May 16, offering modest relief after weeks of war-driven increases.
—3 min read